A COMPARATIVE ANALYSIS OF HDFC BANK'S FINANCIAL PERFORMANCE IN AN EMPIRICAL STUDY
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Date
2022-06-01
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Publisher
GALGOTIAS UNIVERSITY
Abstract
This study was conducted to determine the financial results of HDFC Bank. The Reserve Bank of India
(RBI) has granted HDFC one of the first "theoretical" approvals to open a bank in the private sector. The
bank now has an impressive network of branches in more than 4,805 locations across India. All branches
are connected in real time via the Internet. Telephone banking is available to people in more than 500 places. In addition,the bank has a network of more than 12,860 connected ATMs located in 2,657 cities and towns. HDFC Bank offers a range of services and products, including wholesale and retail banking, treasury and investment banking.
The above financial performance of the bank was evaluated over the last five years, namely 2017 , 2018,
2019, 2020, and 2021. The data were evaluated using ratio analysis, which shows the current ratio, cash
position ratio, fixed assets ratio, debt includes-equity ratio, and proprietary ratio, and each ratio has an
explanation. To summarize this article, the financial strength of the bank is enough.
Description
Finance is the main key that opens up the possibilities of production and pricing. Financial performance is
important for planning and making financial decisions. This is a way to find out how well an organization is
using its assets. The main market method for increasing sales and evaluating the overall financial health of the company over a period of time. The company's financial performance is measured using a number of indicators, including liquidity, solvency and profitability indicators. HDFC is one of the largest private
sector financial institutions that has helped this approach clarify the bank's long-term and short-term goals.
In this study, we used data in various methods of relationship analysis. When researching the market
position of competitors, this useful analysis always tests the bank's financial health. The financial analyst
should select details that are important in the decision-making process from the general information found in the financial statements.
Keywords
HDFC BANK'S FINANCIAL
Citation
HDFC BANK'S FINANCIAL, PERFORMANCE IN AN EMPIRICAL STUDY