*Dhanlaxmi bank* vs CSB

*WHEN PSB WITH HUGE LOSSES AND ABSURD NPA QUOTING SO HIGH, DHANLAXMI WITH IMPROVING FINANCIALS IS CHEAPEST BANKING STOCK*
Recently there is news that Catholic Syrian Bank ( not listed) may be acquired by a foreign co  @ 180-200 per share.

FY17 Financials in terms of NPA and NP of CSB are lower/weaker compared to Dhanlaxmi bank.

Using this yardstick of Valuations, DBL going dirt cheap and _can definitely be in 3 digits in 2018-end_
DBL Nnpa already down to 2.58%. We estimate that *Nnpa for FY18 may be as low as 1.50%*

DBL AMONGST OUR TOP PICKS. Q2 NOs *(Q2 NP can be 20cr)* WILL RERATE DBL