SBT is the most profitable among listed subsidiaries of the State Bank of India. In the three years chart,it rose from around 600 to all time high of 1080 & since then retraced to same lower level. With a right issue on card, I consider this to be "Cheap" among all banking shares. Further, it is a candidate for merger with SBI with likely re-rating once the "Ratio" surfaces or becomes a rumour.
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