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HDFCBANK Q2 Through the Roof, 30% EPS Growth

In another magnificent display HDFC Bank takes its EPS up 30% in what others would call a tough environment. The stock was up 3% on a very smart rally in the markets, and ended at Rs. 492, for a P/E …

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HDFC Bank Introduces New Charges From Jan 1, 2012

It’s nickel-and-dime time again, folks. HDFC Bank will now charge for anything if you snoop around their branches, so don’t step in to say hi to that friendly branch manager any more. New charges have...

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Bank Stocks Tumble 4.8% on RBI News

Investors in Bank Stocks must be feeling horrible as the Bank Nifty dropped 4.8% on the news that RBI will effectively raise rates. Stocks like IndusInd and Yes bank, who depend on wholesale funding...

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RBI Bans 0% EMI Loans, Says Customers Must Be Told Real Interest Rate

Now I look really ignorant, so I will first say, Sorry. And apologies to Economic Times. I had said in an earlier post that ET was probably inventing the story that 0% EMIs will be banned, but they are...

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