Pending — not yet graded
Maintained a 'buy' rating on HDFC Bank with a price target of ₹1,050. The improved loan growth reflects a broader sector uptick and better retention. Jefferies projects HDFC Bank's loan growth at 13% and deposit growth at 15% for FY27, anticipating a tapering in overall sector credit growth.

Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%

HDFC BankBullishCalled 06 Jul 2026
Verdict:PENDING

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Tracking HDFC Bank since this call

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