Basic Information on HDFC bank

Along with the basic search on HDFC make sure you are updated with the following facts too:

HDFC Bank Promoted by Deepak Parekh was incorporated in the year 1994. 16 years down the line, the bank has become a mammoth. Who does not know about HDFC bank. A bank which has a track record of giving consistent growth maintaining highest net margins in the sector and still emerging as a winner during the toughest situation

HDFC is a 64000 crore market Capitalized bank which has a very steady model of growth. The strength of the business structure of HDFC extends to its unlisted companies.

Bank has never been too aggressive and that’s why it has managed the down turn so well. Think about its competitors ICICI bank a drastic fall from the peak of 2008 was almost on the verge of shut down. The bank has always received premium over its competitors because of its strategic growth. During the slowdown too, it merged Centurion Bank of Punjab with itself in 2008 as the management knew how much downside is there in the global scenario.

Do remember friends Mr. Parekh, was heading the Satyam saga to safeguard the confidence of the investor and their wealth stuck in the company.

The bank is all set for Basel Norms and would benefit the most once the sector opens up for foreign players in a large scale.

HDFC sister concerns are FII’s favorites whenever the bank index has to recover it makes the first move on the bourses.

Highest Net Interest Margin, best CASA Ratio and its subsidiaries (not exactly) but sort of a Subsidiary like HDFC securities Mutual Fund Life Insurance etc. makes it clear the bank has all the potential to grow even bigger.

Please prepare about the company on these lines I am sure that’s all you would need to know about the company.

Note:- Please note this is to provide basic information about the topic to make sure that you get an idea on the subject in the sense what lines you need t0 prepare on.

All the very best friends,
SPL Conquest