Hdfc class ppt

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Hdfc class ppt

  1. 1. HDFC Bank Limited  HDFC Bank Limited is an Indian financial services company based in Mumbai, Maharashtra.  It was incorporated in 1994.  HDFC Bank is the fifth largest bank in India by assets and the largest bank by market capitalization as of 1 November 2012. The bank was promoted by the Housing Development Finance Corporation, a premier housing finance company (set up in 1977) of India.  As of 31 March 2013, the bank had assets of INR 4.08 trillion.  For the fiscal year 2012-13, the bank has reported net profit of INR 69 billion, up 31% from the previous fiscal year. Its customer base stood at 28.7 million customers on 31 March 2013.
  2. 2.  HDFC Bank, second largest private sector lender in the country, today said its net profit for the quarter ended June rose a little more than 30 per cent over the same period last year, to Rs 1,844 crore.  Net interest income, the difference between interest income and expense, was Rs 4,419 crore, up 21 per cent from a year earlier.  The bank improved its cost-to-income ratio to 47.9 per cent. Stable asset quality allowed a reduction in provisioning to Rs 527 crore in the April-June period from Rs 582 crore a year earlier.
  3. 3. QUARTELY PERFORMANCE
  4. 4.  Net profit rose 27% to Rs.1,982 crore, or Rs.8.2 per share, in the three months ended 30 September, from Rs.1,560 crore, or Rs.6.5 per share.  The earnings were in line with the Rs.1,970 crore profit estimated by a poll of 38 analysts by Bloomberg.  This is the first instance of the bank’s net profit growing at less than 30% since the quarter ended March 2003.  Net interest margin or the difference between rate of interest charged on loans and that paid on deposits narrowed 10 basis points (bps) to 4.3% from 4.4% last year. In the quarter ended June, the margin was 4.6%.
  5. 5. SHARE PRICE OF HDFC
  6. 6. HEALTHY ASSET OF HDFC  The bank has been able to improve its asset quality consistently, as reflected inslippages, which declined from 5.2% in FY2009 to 1.0% during FY2012.  Provisions to average assets also declined from 1.2% in FY2009 to 0.5% inFY2012. Importantly the bank has managed to deliver `30% earnings growth in  FY2012 and 1QFY2013 even after making substantial floating rate provisions(`945cr in FY2012 and `240cr in 1QFY2013). Going forward even if specific  credit costs increase to normalised levels, overall provisioning burden is expected to be manageable due to the buffer created by these floating provisions.

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