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BEST BANK: HDFC BEST EQUITY HOUSE: DSP Merrill Lynch BEST DEBT HOUSE: Citigroup BEST M&A HOUSE: JM Morgan Stanley |
HDFC is India’s 12th largest bank by assets but its recent financial performance suggests that it is one of the country’s fastest growing. Given India’s huge domestic consumer market, the strength of HDFC’s retail banking franchise is a key driver of growth.
HDFC operates from 531 branches in 228 cities across India as well as a network of more than 1,000 ATMs. In consumer finance it is a clear...