Retail focussed banks & NBFCs are secular 3-10-year stories: Sanjay Parekh, Reliance MF

Talking to ET Now, Sanjay Parekh, Reliance Mutual Fund, says we will see very high accelerated slippages this quarter and maybe FY19 also would get a little lower ROEs and ROAs and higher credit cost. But beyond that, they look quite promising.

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