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Sat, Jul 07, 2012 at 12:21
HDFC BANK EARNINGS ON JULY 13
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."