HDFC Bank's Deposit Increase Amid Tight Liquidity Environment Looks Encouraging -- Market Talk

Dow Jones

Apr 22, 2025

0706 GMT - HDFC Bank's continued increase in deposits amid a tight liquidity environment looks encouraging, Nomura analysts say, noting the Indian bank's 5.9% on-quarter growth in deposits for 4Q FY 2025. Management also highlighted that loan growth is expected to track system credit growth in FY 2026, the analysts say in a research report. HDFC Bank appears well-positioned relative to peers on asset quality, while the improving liquidity environment should further aid its deposit growth, the analysts add. Nomura raises the stock's target price to INR2,140.00 from INR1,920.00 to reflect a target multiple of estimated 2.3X March 2027 book value per share versus 2.1X December 2026 BVPS previously, with an unchanged buy rating. Shares are 1.3% higher at INR1,952.40. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 22, 2025 03:06 ET (07:06 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2529488363"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2529488363\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2529488363?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-22 15:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2529488363","market":"fut","top_or_hot":-1,"title":"HDFC Bank's Deposit Increase Amid Tight Liquidity Environment Looks Encouraging -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0706 GMT - HDFC Bank's continued increase in deposits amid a tight liquidity environment looks encouraging, Nomura analysts say, noting the Indian bank's 5.9% on-quarter growth in deposits for 4Q FY 2025. Management also highlighted that loan growth is expected to track system credit growth in FY 2026, the analysts say in a research report. HDFC Bank appears well-positioned relative to peers on asset quality, while the improving liquidity environment should further aid its deposit growth, the analysts add. Nomura raises the stock's target price to INR2,140.00 from INR1,920.00 to reflect a target multiple of estimated 2.3X March 2027 book value per share versus 2.1X December 2026 BVPS previously, with an unchanged buy rating. Shares are 1.3% higher at INR1,952.40. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 22, 2025 03:06 ET (07:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HDFC Bank's Deposit Increase Amid Tight Liquidity Environment Looks Encouraging -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHDFC Bank's Deposit Increase Amid Tight Liquidity Environment Looks Encouraging -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-22 15:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0706 GMT - HDFC Bank's continued increase in deposits amid a tight liquidity environment looks encouraging, Nomura analysts say, noting the Indian bank's 5.9% on-quarter growth in deposits for 4Q FY 2025. Management also highlighted that loan growth is expected to track system credit growth in FY 2026, the analysts say in a research report. HDFC Bank appears well-positioned relative to peers on asset quality, while the improving liquidity environment should further aid its deposit growth, the analysts add. Nomura raises the stock's target price to INR2,140.00 from INR1,920.00 to reflect a target multiple of estimated 2.3X March 2027 book value per share versus 2.1X December 2026 BVPS previously, with an unchanged buy rating. Shares are 1.3% higher at INR1,952.40. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 22, 2025 03:06 ET (07:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529488363","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529488363","pubTimestamp":1745305560,"columns":[{"name":"Data Report","id":30,"label_key":"dataReport"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0706 GMT - HDFC Bank's continued increase in deposits amid a tight liquidity environment looks encouraging, Nomura analysts say, noting the Indian bank's 5.9% on-quarter growth in deposits for 4Q FY 2025. Management also highlighted that loan growth is expected to track system credit growth in FY 2026, the analysts say in a research report. HDFC Bank appears well-positioned relative to peers on asset quality, while the improving liquidity environment should further aid its deposit growth, the analysts add. Nomura raises the stock's target price to INR2,140.00 from INR1,920.00 to reflect a target multiple of estimated 2.3X March 2027 book value per share versus 2.1X December 2026 BVPS previously, with an unchanged buy rating. Shares are 1.3% higher at INR1,952.40. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","LU0630378429.USD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (USD) INC","LU0197773673.USD":"HSBC GIF ASIA PACIF EX JAPAN EQ HD \"AS\" (USD) INC","LU0197773160.USD":"HSBC GIF ASIA PACIF EX JAPAN EQ HD \"AC\" ACC","LU1282648689.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AMG\" (USD) INC","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU0541501648.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0431992006.USD":"摩根大通新兴市场机会A（acc）","BK4566":"资本集团","LU1854103824.USD":"M&G (LUX) POSITIVE IMPACT \"A\" (USD) INC","LU1805238398.USD":"FIDELITY INDIA FOCUS \"A\" (USD) ACC","LU2663582299.SGD":"BSF BLACKROCK SYSTEMATIC ASIA PACIFIC EQUITY ABSOL \"A2\" (SGDHDG) ACC","BK4535":"淡马锡持仓","LU0868486357.SGD":"JPMorgan Funds - Emerging Markets Opportunities A (acc) SGD-H","LU0541502299.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"I\" (USD) ACC","LU1508157978.USD":"BSF BLACKROCK SYSTEMATIC ASIA PACIFIC EQUITY ABSOLUTE RETURN \"A\" (USD) ACC","BK4588":"碎股","LU0536402901.SGD":"FTIF - Franklin India A (acc) SGD","BK4523":"印度概念","LU0287143357.SGD":"Fidelity India Focus A-SGD","HDB":"HDFC银行","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","SG9999014021.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) ACC","BK4207":"综合性银行","LU0456842615.SGD":"JPMorgan Funds - Emerging Markets Equity A (acc) SGD","LU0708995666.HKD":"FRANKLIN INDIA \"A\" (HKD) ACC","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","SG9999014013.SGD":"United Global Durable Equities Fund Dis SGD","LU2279701549.SGD":"JPMorgan Funds - Emerging Markets Sustainable Equity A (acc) SGD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU2008162690.USD":"FIDELITY FUNDS - ASIA PACIFIC OPPORTUNITIES \"A\" (USD) ACC","LU1854104046.USD":"M&G (LUX) POSITIVE IMPACT \"A\" (USD) ACC","LU1267930656.SGD":"FRANKLIN INDIA \"AS\" (SGD) ACC A","LU0197229882.USD":"富达印度焦点基金","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","LU0231203729.USD":"富兰克林印度基金A (acc)","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU0348744763.USD":"ALLIANZ ASIA PACIFIC INCOME \"A\" (USD) INC","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0630378692.HKD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (HKD) INC","LU2177674079.SGD":"Fidelity Asia Pacific Opportunities A-ACC-SGD (hedged)","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC"},"translate_title":"HDFC银行在流动性紧张的环境下存款增加看起来令人鼓舞——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HDB":1},"content_text":"0706 GMT - HDFC Bank's continued increase in deposits amid a tight liquidity environment looks encouraging, Nomura analysts say, noting the Indian bank's 5.9% on-quarter growth in deposits for 4Q FY 2025. Management also highlighted that loan growth is expected to track system credit growth in FY 2026, the analysts say in a research report. HDFC Bank appears well-positioned relative to peers on asset quality, while the improving liquidity environment should further aid its deposit growth, the analysts add. Nomura raises the stock's target price to INR2,140.00 from INR1,920.00 to reflect a target multiple of estimated 2.3X March 2027 book value per share versus 2.1X December 2026 BVPS previously, with an unchanged buy rating. Shares are 1.3% higher at INR1,952.40. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 22, 2025 03:06 ET (07:06 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}