A framework for bank analysis
Great insights about this giant of a business
Can you do similar for HDFC?
one thing to keep in mind INR/USD on a Price/Base currency basis is trading at 95 INR forward, ADR might still loose money even if the value of the business goes up due to Indian rupee depreciation over the next 3-5 years.
Good explanation.I like it
Great insights about this giant of a business
Can you do similar for HDFC?
one thing to keep in mind INR/USD on a Price/Base currency basis is trading at 95 INR forward, ADR might still loose money even if the value of the business goes up due to Indian rupee depreciation over the next 3-5 years.
Good explanation.I like it