BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Medium (6M)
Elara Capital Recommends 'Accumulate' On HDFC Bank
According to Elara Capital, HDFC Bank has been witnessing a structural shift in deposit market share in favour of TDs (term deposits) as compared to that of CASA (current account savings account ) deposits, which could increase its funding cost. Hence, margin expansion in FY20 would be an asset-side phenomenon, the brokerage adds.