Wednesday, 24 August 2016

Re: {LONGTERMINVESTORS} HDFC Bank: thread

 CS ON HDFC BANK
* Maintains Outperform; target of ₹1,470
* Mgmt believes bank will continue to be  dominant player in payments space
* Through its 10-second personal loan,  personal loan portfolio has grown 40%
* 40% of applications received digitally & 85% of approvals are within 10 mins
* Believe digitally nimble banks will grab large share of $600 bn opportunity
* HDFC Bank top pick to capture that  opportunity; a CS AxJ Focus List stock

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