HDFC BANK EARNINGS ON JULY 13

Brokerage firms feel the private sector lender to report a growth of around 21% in NII and more than 30% in PAT for Q1 FY13

Emkay expects HDFC bank to report 20.2% YoY growth in NII driven by 18.6% YoY growth in advances and largely stable NIM’s at 4% despite 120 bps of YoY contraction in LDR. "Asset quality is expected to remain largely stable with adequate credit cost and higher PCR. Key things to watch: CASA movement given intense competition posts the deregulation of savings interest rates and loan mix."