HDFC Bank Ltd — Q2 FY24
HDFC Bank reported a strong Q2 FY24, its first post-merger with HDFC Ltd.
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY24
Retail deposit accretion of ~INR 1 trillion per quarter
Management indicated that the capacity built should enable retail deposit accretion of around INR 1 trillion per quarter, though Q1 was seasonally lower.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
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