Mark to Market

53: HDFC and group companies may eye acquisitions amid COVID-19

Episode Summary

HDFC group companies including their parent could be sniffing out potential acquisitions soon if chairman Deepak Parekh is to be believed. HDFC Ltd does not need to raise capital as its adequacy ratios are superior, and the need for provisioning is far less than its peers. 

Episode Notes

HDFC group companies including their parent could be sniffing out potential acquisitions soon if chairman Deepak Parekh is to be believed. HDFC Ltd does not need to raise capital as its adequacy ratios are superior, and the need for provisioning is far less than its peers.