HDFC Bank Ltd (NYSE:HDB)
$ 64.6 -0.17 (-0.26%) Market Cap: 165.11 Bil Enterprise Value: 231.27 Bil PE Ratio: 20.28 PB Ratio: 1.96 GF Score: 85/100

Q2 2021 HDFC Bank Ltd Earnings Call Transcript

Oct 17, 2020 / 11:30AM GMT
Operator

Ladies and gentlemen, good evening, and welcome to the HDFC Bank Limited Q2 FY '21 earnings conference call on the financial results, presented by the management of HDFC Bank.

(Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Srinivasan Vaidyanathan, Chief Financial Officer, HDFC Bank.

Thank you. And over to you, sir.

Srinivasan Vaidyanathan
HDFC Bank Limited - CFO

Okay, thank you, Litan. Appreciate participants calling in today.

We have a few comments on the top line and comments on the strengths of the franchise, how we are continuing to position to gain strong market share. And then from there on, we will get on to some more details.

At the high level: We carried on the strategy to build on the deposits and on bringing in new customer relationships, thereby maintaining strong liquidity position. The bank's average LCR for the quarter was 153%. That's about [1 lakh 10,000 crores] of surplus or approximately $15 billion, considering [110]

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