HDFC BANK LIMITED

HDFC Bank Limited offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. It also offers financial services. The Bank's segments include Treasury, Retail banking, Wholesale banking and Other banking business. The Treasury segment primarily consists of net interest earnings from the Bank's investment portfolio, money market borrowing and lending, gains or losses on investment operations and on account of trading in foreign exchange and derivative contracts. The Retail Banking segment serves retail customers through a branch network and other delivery channels, as well as through alternative delivery channels. The Bank provides its corporate and institutional clients a range of commercial and transactional banking products. The Other banking business segment includes income from para banking activities.

• HDFC Bank has strong Return on Equity (RoE).

• It has low debt.

• It has positive net cash flow.

• It has seen consistent sales and profit growth in last 8 quarters.

• Promoters pledge is low, FIIs and DIIs are buying the stock.

• It is giving better long term returns than the industry.

• The sales growth is better than the industry median.