Brokerages upbeat on HDFC Bank stock, see an up to 47% upside; here's why

<ul><li>Brokerages appear impressed by the management commentary on how the bank is getting future ready, with a focus on strengthening its digital capabilities and sustainable profitable growth.</li></ul>

Emkay Global reduces target price of HDFC Bank; here's why

<ul><li>Even though the brokerage firm has maintained the buy call on the stock due to comfortable valuations, it has cut the target price to ₹1,800 from ₹1,950 and said that the regulatory drag will hurt the near-term return on equity (RoE).</li></ul>

HDFC Bank Vs. ICICI Bank: How the two banks fare against each other

ICICI Bank delivered a robust performance for the fourth quarter ended March 31, 2022, beating Street estimates. while HDFC bank slightly missed analyst estimates.

HDFC Bank can rise upto 44% after today's 5% fall, says Emkay

The stock has lost over 5 percent in 2022 YTD and risen just 2 percent in the last 1 year.

HDFC Bank plans branch expansion, sets eyes on widening wholesale loan basket

The strategy to rapidly expand branch networks comes at a time when all other banks are going digital

HDFC Bank's $40 billion deal may face regulatory challenges over insurance: Report

If HDFC clears the hurdles the merger will create a large balance sheet of ₹25.61 lakh crore.

HDFC Ltd, HDFC Bank surge up to 11% on merger announcement

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The HDFC stock rose as much as 11 percent to its day's high of ₹2,720 per share, meanwhile HDFC Bank surged 10 percent to its day's high of ₹1,656 per share on the BSE.

HDFC to be merged with HDFC Bank: What does this mean for investors

The merger will create a large balance sheet of ₹25.61 lakh crore, which is now closer to the country’s largest bank — the State Bank of India with ₹45.34 lakh crore. The HDFC Bank was already the country’s second-largest bank. ICICI Bank has a balance sheet size of ₹17.74 lakh crore as of March 31, 2021.

Big is beautiful: Axis-Citi deal and HDFC-HDFC Bank merger show big banks’ quest for getting bigger

Cytonn Photography 

<ul><li>This is a merger of equals. Over the last few years, various regulations for banks and NBFCs have been harmonised, thereby enabling the potential merger, said Deepak Parekh, Chairman HDFC Limited.</li></ul>

Six key reasons why HDFC Bank and HDFC Ltd decided to merge 

HDFC Bank and HDFC Ltd are set to merge. Investors are happy as shares of both these HDFC Group companies are up in double digits in today's trade. Here are six key reasons why the two decided to come together

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Brokerages upbeat on HDFC Bank stock, see an up to 47% upside; here's why

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