The secret at the world's most expensive bank

Comments (5)
SachiNewDelhi wrote:

But I don’t understand the headline about HDFC being the ‘most expensive bank’? How is that so?

But I guess HDFC is a ‘risk-averse’ organization that has chosen to grow at a ‘reasonable’ pace unlike its competitor ICICI.

I have had a nice enough relationship with HDFC Bank.

Nov 18, 2012 9:28am IST  --  Report as abuse
HillCountryDude wrote:

I believe, a Bank must always be conservative, as protecting the deposits of it’s clients is sacrosant and is next to nothing. Banks should not get carried away, during boom time hype, like the stock market investors behave during boom time.

I am really happy that , the HDFC is beaving like a responsible banker.

I am a customer of HDFC bank, having a small FD. Now , I want to increse my FD amount in the bank.

Nov 19, 2012 11:22am IST  --  Report as abuse
CommunalAward wrote:

In August 2012, the Zurich-based bank Credit Suisse released a report that pointed out 10 Indian business groups, each owned by a different forward caste family, owed Rs 5.4 lakh crore to Indian banks.

Nov 20, 2012 10:59am IST  --  Report as abuse
13many wrote:

Hi Sachi, the most expensive tag refers to the shares, which are trading at 5x the “book value” ie 5x its net assets.
This is a fairly high ratio, although viewed against profit growth of 30% for a decade, not outrageous.

Nov 20, 2012 5:17am IST  --  Report as abuse
13many wrote:

Although I’m not sure I would call 30% YonY profit growth for a decade ‘reasonable’. Stratospheric more like. Doubling every two and a bit years.
Plot that on a graph.
Does it look sustainable at that rate?

Nov 20, 2012 5:27am IST  --  Report as abuse
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