HDFC Bank

This is yet another GOOD STOCK for Tough Times. To know more about the reason why we chose this stock for this investing currently, Click Here:

- Incorporated in 1994 and started comercial operations in Jan 1995.
- 2544 branches & 8913 ATM's across 1399 cities.
- 46% branches are located in semi urban and rural areas.
- 75% of its branches are outside Top 9 cities.
- Capital Adequacy ratio of 16.5% against regulatory minimum requirement of 9%.
- CASA (Current Account Saving Account) Deposit @ 48.4% of total deposits.