HDFC Bank: Seasonality Impacts Q1 Growth, But All Is Well

HDFC Bank: Steady ROA Despite NIM Compression Post Merger

HDFC Bank: Growth Trajectory Remains Intact Despite Short-Term Headwinds

HDFC Bank - Ranks 2nd After Merger Compared With Asia Pacific Banks

Index Rebalance & ETF Flow Recap: KQ150, LQ45, PCOMP, HDFC/HDFCB, Delta Electronics, Redox IPO, AMFI

HDFC/​​​​​​HDFC Bank Mega Merger: Are We There Yet?

HDFC Bank - Stability, Strength Against India Peer Banks and Non-Banks

Research and consultancy, Tabbush Report

Daniel Tabbush

Research and consultancy

Tabbush Report

We provide research and consultancy on Asian banks. Our focus is on what we call “Asian bank research, without the noise.” We are interested in the most critical swing-factors for banks, the NPL and credit cycle, and where we believe there is a gap between perception and reality. We often focus on the less studied components of bank financial statements.  Our research is highly thematic, sometimes examining unlisted banks and companies as a window on mainstream banks. 

Being independent allows us to look at smaller banks, often overlooked by others. Analysis of BIS bank guidelines in the context of Asia, is also a focal point, while we also analyze global banks operating in the region. We use what we believe is the most comprehensive, reliable financials database, SNL Financial. S&P Capital IQ augments our database, with corporate data and CEIC, with economics. 

Asian bank research, without the noise.

Equity Bottom-Up

<ul>
<li>News out this morning that HDFC Bank and HDFC merger became effective 1 July </li>
<li>This occurred after the Boards approved the merger scheme on 30 June</li>
<li>Funding cost benefits, operating cost synergies, product cross-sale: major benefits</li>
</ul>


News out this morning that HDFC Bank and HDFC merger became effective 1 July 
This occurred after the Boards approved the merger scheme on 30 June
Funding cost benefits, operating cost synergies, product cross-sale: major benefits


Housing Development Finance Corporation (HDFC IN)

HDFC - Amalgamated, We List Its Own Key Synergies, Which Appear Tremendous