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Equity L/S Analyst | Forensic Accounting | India, Yellowstone Equity

Ankit Agrawal, CFA

Equity L/S Analyst | Forensic Accounting | India

Creating Wealth through Alpha and Compounding

Yellowstone Equity

Providing unbiased and independent research on Indian equities to global institutions and individual investors


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Note that Ankit Agrawal (Proprietor of Yellowstone Equity) is a SEBI registered Research Analyst (Registration No.: INH000007216). Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

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Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hdfc-bank-ltd-4b6b7a92-9087-468d-9dbe-ab169e77f014" target="_blank" data-smartkarma-citation="entities:558:1" rel="noopener">HDFC Bank (HDFCB IN)</a> is pivoting itself to embrace new age digital banking processes. It has been revamping its back-end and front-end technology infrastructure to enable this. </li>
<li>It has been also partnering with the fintech ecosystem to enhance its reach. With fintechs as distributors, we think the value of back-end underwriting capabilities have grown all the more.</li>
<li>We think technology has potential to significantly catalyze HDFC Bank’s growth over the next 3-5Y, to the extent that it may even outgrow its last 3Y growth.</li>
</ul>



HDFC Bank (HDFCB IN) is pivoting itself to embrace new age digital banking processes. It has been revamping its back-end and front-end technology infrastructure to enable this. 
It has been also partnering with the fintech ecosystem to enhance its reach. With fintechs as distributors, we think the value of back-end underwriting capabilities have grown all the more.
We think technology has potential to significantly catalyze HDFC Bank’s growth over the next 3-5Y, to the extent that it may even outgrow its last 3Y growth.


HDFC BANK: Undergoing Digital Transformation - Fintech to Catalyze Growth, Not Disrupt It