In normal markets I don’t sell stocks out of my long-term 50 Stocks Portfolio on changes in market direction. This is definitely a buy-and-hold-ish portfolio. But these aren’t normal times either for financial markets or economies and today, March 24,...
It’s only sensible to worry about numbers like these–they’re just so deliciously good. For the last 10 years, India’s HDFC Bank has been able to grow its loan portfolio by 31% annually. It’s deposit base has expanded at almost the same...
Only the third largest bank in India, but the best run under managing director Aditya Pura, the former CEO of Citibank Malaysia. Because HDFC’s base of retail deposits–from a network of 746 branches in 329 cities serving 10 million customers–provides...
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