Although 63% of participating shareholders supported the resolutions, 37% voted against them. As these were special resolutions, they required at least three times more votes in favour than against to pass, which was not achieved.
Let the noise die down and then look for good businesses with reasonable balance sheets: Sachin Shah
Sachin Shah highlights the preference for private sector banks due to their valuations and easing liquidity, along with a rebound in the rural market. He