HDFC BANK

 Private Lender HDFC Bank Ltd displayed it's provisional growth in the key figures of performance. The figures grew in the deposits, current to savings account ratio,


Deposits grew quater on quater by 7.5% ,to 23.8 lakh crores as reported to the exchange.While gross advances grew by 1.6% , to 25 lakh crores as reported to the exchange.

The lender's CASA Witnessed a change of 8.8% QoQ to an improved ratio of 38.2% compared to the previous ratio of 37.7%

Domestic retail loans increased by 3.7% sequentially to Rs 43,700 crores. Commercial and Rural banking increased by 4.2% QoQ to 32,300 crores.While corporate loans decreased by 2.2% sequentially to 9,800 crores.

I only present my long term views about the share price. And the street view suggest that the share is good for medium to long term horizons.

Godspeed.


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