HDFC Bank Ltd (NYSE:HDB)
$ 55.5 0.17 (0.31%) Market Cap: 140.66 Bil Enterprise Value: 215.67 Bil PE Ratio: 27.90 PB Ratio: 2.50 GF Score: 84/100

Q1 2024 HDFC Bank Ltd Earnings Call Transcript

Jul 17, 2023 / 11:30AM GMT
Release Date Price: $70.55 (+4.43%)
Operator

Ladies and gentlemen, good evening, and welcome to the HDFC Bank Limited Q1 FY '24 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, Bhavin. Good evening, and a warm welcome to all the participants. I want to briefly start and give a minute update on the merger. Effective July 1, as you all know, HDFC Limited has been merged into the bank. Consequently, all subsidiaries of HDFC Limited have become subsidiaries of the bank.

Earlier today, with the support of BSE, NSE, NSDL, CDSL, all HDFC Limited shareholders as on the record date have received shares of HDFC Bank. This concludes the 15 months journey for the bank and all the regulators involved, and we would like to take this opportunity to thank them for their continuous engagement and

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