HDFC Bank's Results in 2024 || एचडीएफसी बैंक के नतीजे 2024

🏦HDFC Bank holds nearly 13% of the Nifty, making it a significant player. However, the recently reported Net Interest Margin (NIM) is a concern, marking its lowest in history.

📊 Analyzing HDFC Bank's Results

*Advances Growth:*

System loan growth: 15-20%
Advances growth: 62.4%
Retail growth: 11.6%
Corporate growth: 31.4%
Deposits growth: 18%

*Deposit Growth:*

HDFC Bank's deposit growth: 27.7%
Term Deposits growth: 42.6%
CASA ratio: 37.7%

💹 Net Interest Margin (NIM) Compression:

NIM has fallen to 3.4%, a recurring concern for the bank.

💰 Capital Adequacy:

Capital Adequacy: 18.4%
TIER-1 Capital Adequacy: 16.3%
The bank is currently well-capitalized.

📉 Asset Quality:

Gross NPAs reduced to 1.26% from 1.34%
PCR (Provision Coverage Ratio): 73.2%
Net NPA ratio: 0.31%

*Verdict:*

The bank is focusing on retail loans while improving credit costs.

The restructured book needs monitoring.

🏦 Branch Expansion:

Aggressive branch opening strategy.

Aiming to be closer to clients (1-2 km instead of 5-6 km).

*Verdict:*

Cost/Income ratio increased to 42%, potentially inflating further.

📊 Overall Assessment:

1. Asset quality is stabilizing.

2. Retail loan growth is resuming.

3. The bank is well-capitalized for future opportunities.

🔍While there are positive aspects, the falling NIM remains a major concern. Investors should closely monitor the NIM guidance for future developments.

🔴Disclaimer: This is not investment advice and this is not an investment recommendation.

🔴💯ध्यान दें: ➡️ये सिर्फ कुछ उदाहरण हैं, और बाजार में कई और बेहतरीन ,Stocks,ईटीएफ उपलब्ध हैं. निवेश करने से पहले खुद का रिसर्च करना और फाइनेंशियल एडवाइजर से सलाह लेना जरूरी है.

Thank❤🙏

HDFC Bank's Results in 2024 || एचडीएफसी बैंक के नतीजे 2024