Banking & Financials Sector: Credit Growth Picking Up; Lower Provisions to Drive Earnings
Credit growth picking up; lower provisions to drive earnings We expect strong earnings performance from banks in 4QFY22, driven by: (1) improving...
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HDFC Bank (HDFCB IN) - Best Ever Quarter Post Merger Announcement
Prabhudas Lilladher's research report onHDFC Bank HDFCB saw the best ever quarter after announcement of the merger as (1) deposit accretion was...
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HDFC - Operating Performance in Line; Retail Loan Growth Healthy
HDFC reported a PAT of INR44.5b in 2QFY23 (5% beat), up 18% YoY, primarily driven by a lower effective tax rate of ~18% (because of higher dividend...
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HDFC Bank: Mega Merger to Drive Economies of Scale, Cost/Business Synergies
HDFCB has announced the long-awaited reverse merger of parent HDFCL.The merger should fulfill the implicit RBI policy of 1) not allowing a bank...
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HDFC Ltd: Credit Growth Gains Momentum; Outlook Optimistic
HDFC Ltd is the largest NBFC engaged in the housing finance business. It has demonstrated a consistent performance in terms of both business growth...
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