Main growth drivers in the banking sector are going to be retail-specific, says Swati Kulkarni, Executive VP and Fund Manager at UTI Mutual Fund. Giving her market and sectoral outlook, Kulkarni told CNBC-TV18 that earnings are going to be better for FY17 than FY16 and expects the rural side of the economy to pick up on the back of a good monsoon. She said that UTI is overweight on domestic cyclicals like cement and auto but are not betting much on the metals as the current strength in prices is quite uncertain.