Tag: HDFC Bank

Aggarwal is bullish on HDFC Bank's long-term prospects, but he believes that investors should wait and see how the bank executes in the near term.

HDFCB has clarified certain aspects relating to merged financials, which are likely to have a mixed impact on the company's performance in the near term. However, the outlook for HDFCB remains positive in the medium to long term, with core earnings growth expected to revive.

HDFC Bank and CreditWise Capital have partnered to extend two-wheeler loans in Tier 2, 3 and 4 towns of India. The partnership will combine the strengths of the two companies to make two-wheeler loans more accessible and affordable for people in these towns.

The Indian stock market is likely to open lower on Thursday, tracking losses in global markets. Investors will be closely watching developments in the US-China trade war and the potential for a global recession. The rupee is also likely to remain weak against the dollar. Investors will also be closely watching data on industrial production and retail inflation for June.