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Shree Dhanraksha Securities

16th Feb 2025 · SEBI-Registered Analyst

Banking and Financial Services

As India's largest private sector bank,

HDFCBANK
is renowned for its strong asset quality and innovative product offerings. Despite a modest earnings growth post-merger with Housing Development Finance Corporation in July 2024, the bank is expected to witness accelerated growth in incremental deposits and an improved credit-to-deposit ratio. Its relatively low valuation further enhances its attractiveness to investors.

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