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India Financials

Saumya Agarwal

Equity Bottom-Up

The Q2FY21 results season has just commenced and HDFC Bank is among the first ones to come out with its Q2FY21 earnings. Even as analyst and investors were expecting some signs of stress / slowdown to become visible in the Banks Q2 numbers, especially now that the moratorium is over, HDFC Bank surprised one an all by a stellar set of numbers for the September quarter. The numbers seem to proudly defy ALL the prevailing economic and banking sector woes and would largely be an outlier among Banks!

The Q2FY21 results season has just commenced and HDFC Bank is among the first ones to come out with its Q2FY21 earnings. Even as analyst and investors were expecting some signs of stress / slowdown to become visible in the Banks Q2 numbers, especially now that the moratorium is over, HDFC Bank surprised one an all by a stellar set of numbers for the September quarter. The numbers seem to proudly defy ALL the prevailing economic and banking sector woes and would largely be an outlier among Banks!

HDFC Bank Q2FY21 Results – Robust Q2 Performance Seems to Defy All the Prevailing Economic Woes!