HDFC Bank Q1 results out, Loan book expanded during lockdown?

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Published on July 6, 2020 7:20:10 AM ● Video Link: https://www.youtube.com/watch?v=EEdUQoSEFBY

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The HDFC Bank is growing in a tough quarter and doesn't need capital because when the buzz of the capital came out they denied it and now have a formidable line to 8 and a half to 9% market share in the corporate markets.
It has managed to grow when the industry was contracting. HDFC Bank has posted its Q1 updates which show that advances are up by 1%, deposits are up by 25% YoY and the CASA ratio stands at 40%. It shows that the HDFC Bank's loan book has expanded during the lockdown.
Find out more why the HDFC Bank stock is in the limelight.

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