HDFC Bank Hits Highest Level in CY25, Nears Record High; Up 9% in 2 Weeks 📈🚀

• Stock Performance:
  • HDFC Bank shares surged 2% to ₹1,843.90 on March 25, 2025, marking its highest level in CY25.
  • The stock has rallied 9% in the past week.
  • It’s now approaching its record high of ₹1,880, touched on December 9, 2024.
• Outperformance:
  • Over the past one year, HDFC Bank has outperformed the market, rising by nearly 30%, compared to the 8% increase in the BSE Sensex.
• RBI Policy Impact:
  • The Reserve Bank of India (RBI) announced changes in Priority Sector Lending (PSL) norms, increasing the housing loan limits eligible under PSL:
    • Metropolitan cities: Limit raised from ₹35 lakh to ₹50 lakh.
    • Towns with 1.0–5.0 million population: Limit increased from ₹25 lakh to ₹45 lakh.
    • Towns with populations below 1 million: Limit set at ₹35 lakh.
  • These changes are expected to boost credit growth and support margins, benefiting banks like HDFC Bank.
• Upcoming Event:
  • HDFC Bank’s Board of Directors is scheduled to meet on April 19, 2025, to consider and approve its audited financial results for FY25.

Stay tuned for more updates on HDFC Bank’s performance!