AI-generated · cited to primary sources · not investment advice
HDFC Bank (500180) Jul 2024 Filing Analysis
Does management do what it says?
The Gross NPA ratio was reported at 1.36% for Q2FY25, remaining within the target range of 1.2% to 1.4%. (5 met across 5 tracked commitments)
“The GNPA has been in the range of 1.2% to 1.4%. And if you exclude the seasonality of agri, in fact, it's been on a declining trend.”
The bank is consciously slowing growth in unsecured personal loans due to conservative internal risk systems.
“No, that is a very conscious call. I mean, as I said, we -- our internal early systems probably pick this up rather early and obviously, they have been rather conservative. And that is the reason why we were all right and happy to sort of slow down growth.”
See the full cited Management analysis of HDFC Bank
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