HDFC Bank Annual Report – Raising The Bar Higher; Embarking On Project ‘Future Ready’: ICICI Securities

HDFC Bank branch. (Source: BloombergQuint) 

HDFC Bank Annual Report – Raising The Bar Higher; Embarking On Project ‘Future Ready’: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Demonstrating responsible leadership (theme for FY20 annual report), HDFC Bank Ltd.’s FY21 annual report highlights how it is cruising ahead despite headwinds, driving aspirations of inclusive growth and catalysing the next wave of transformation.

It humbly accepts technology, besides strength, also as an area of improvement and is embarking on scale changing technology adoption and transformation agenda to drive ambitious growth plan.

It has also unveiled project ‘Future Ready’ to add strength to its strategic and execution muscle. It includes:

  1. Identifying growth engines (created new business segments of micro small and medium enterprise and rural banking),

  2. adding digital marketing as another key delivery channel,

  3. expanding semi-urban and rural markets,

  4. creating a new digital factory to foster innovation.

Click on the attachment to read the full report:

ICICI Securities HDFC Bank Annual Report Analysis.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.