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HDFC Bank - Negatives Priced In; Core Earnings Outlook Better: Prabhudas Lilladher

Transitioning to IRAC would require equity adjustment of Rs 203 billion.

<div class="paragraphs"><p>HDFC Bank branch.&nbsp;(Photo: Vijay Sartape/ BQ Prime)</p></div>
HDFC Bank branch. (Photo: Vijay Sartape/ BQ Prime)
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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