CONTRA CALL? Despite the bloodbath in banking stocks specially HDFC BANK, still one can invest in Indian Bank Stocks at current level. The bank nifty has corrected disproportionately in comparison to Nifty giving attractive levels to invest in. There are a lot of strong reasons to believe in investing in Indian Banks. There has been a massive capex plan in Indian Manufacturing Companies consequently a decent credit growth is expected. The balance sheets of Banks are far more clean now. Thanks to RBI for adopting cautious approach by applying stringent norms for safeguarding asset quality. The retail credits have also been growing which usually have low NPA. Common man debt service records in India are much better & well positioned. There has been massive shifting in the organized economy after GST resulting in more banking transaction cycles which benefit the banking sector as a whole immensely. India has been emerging as the fastest growing economy having good GDP growth ...