HDFC Bank's modest growth in its unsecured book over the past two years and lower risk-weighted asset density highlight its lower risk profile, JPMorgan said.

HDFC Banks share price hit 1 Year high on Thursday, having risen almost 10% in 3 weeks. These gains are also supporting the markets. Should you Buy Sell or Hold the stock

HDFC Bank is planning to launch IPO of its NBFC subsidiary to the tune of Rs 12,500 crore, including OFS of Rs 10,000 crore, in line with regulatory requirement and also to unlock value, Emkay said.

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