Piper Serica Advisors’s Abhay Agarwal talks about HDFC Bank’s brilliant growth

Abhay Agarwal of Piper Serica Advisors Pvt. Ltd. talks about the prospects of HDFC Bank in the long run.

He says that he has been tracking the bank from a long time, possibly from when its IPO came out in the early nineties. He says that it is incredible the way the bank has grown its liability and asset book across all zones whether rural, urban or employed, unemployed, etc.

The bank, he says, makes no excuses, where small competitors have been complaining about the difficulties posed by Covid-19, HDFC overcame all of those and did not need any new capital.

#AbhayAgarwal #HDFCBank