Well P/B is 1.3 which was sitting at 2.5 3 years ago when the book had a lot more mess in it. And HDFC’s P/B is nearly 4. And if I’m not mistaken , it was HDFC whose CIO had to lose his job due to app issue…. So, I guess there’s some story here.
Again, it’s not a recommendation and everyone has their own risk appetite
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