Top Ten Banking stocks

Since the financial crisis became acute in the West last year, the flight-to-safety syndrome has caught the banks worrldover. The Indian banking sector has been no exception. With the banks in a deep freeze mode holding capital and going slow on lending to corporates as well as individuals, this has cast a shadow on shareholder's profits in the short-term. With the Reserve Bank of India easing policy rates signaling a change in its monetary stance, the sector is expected to emerge out of the credit contraction mode. SundayET takes a peek into the recommendations of top brokerage houses. Here are the top ten Banking stocks as on September 4, 2009 on BSE: IndusInd Bank Three month returns: 36.99% ING Vysya Bank Three month returns: 32.41% Central Bank Of India Three month returns: 30.58% Yes Bank Three month returns: 24.68% South Indian Bank Three month returns: 24.63% Corporation Bank Three month returns: 24.45% Dhanalakshmi Bank Three month returns: 24.24% Axis Bank Three month returns: 22.97%