I think the way bank business is organized, it can be a good long term bet too. However a lot is riding on a single man (but that was the case with HDFC too). Except C/I ratio, all other matrix are in good shape.
Having said that, HDFC grew in the times, when the competition was low. Now every banking product (e.g. car loans) in itself is a sub sector with multiple companies competing.
I would love to hear your reasons for holding the stock if you are planning to hold for atleast 3 more yrs.
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