Bank Results Season: HDFC Bank shines the beacon for the industry

An apology to the regular readers and visitors for reference material. Till business conditions improve for us, small power fluctuations get a little loud in our system and cause th eloss of time and energy, that's why the once in a while resort to fun for the nalysis ( dare i say on the same page here as well) 

Well the linkages to the above complex sentence formation may be tenuioous and a direct subtle or indirect explanation for them may only put you off. Trust me. So, back to the banking industry report expected here. HDFC Bank as suspected, went the mile keeping NIMs above 4% at 4.2% shaming european and American banks with various implications and aspersions unknowingly cast over the years as the few of us concentrating on reform als o found much to our chagrin.

Earlier JV partners now have an out in India and with 16% CAR HDFC Bank has proved its own processes stand tall in gathering and underwriting credit where ICICI Bank feared and eventually with a resounding thud, fell! However HDFC Bank customers  in retail and small town / small business India may not be readily expandfing franchises and in that keeping corporate credit growing and useful is also creditable for the true new "behemoth" and fittingly IDBI and SBI stand tall with it.

Unnerving, esp as HDFC Bank manages urban stakeholders in the new economy with a decidedly metropolitan lifestyle with rural and semi urban customers , really opening your eyes to financial inclusion without reducing it to bare bones mobile banking ( which as an alternate is also required ) for the eventual financial inclusion of the 200 million unbanked households in the country

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