Investors of HDFC Bank Ltd have a year and a half to find the answer. Under Puri’s watch, HDFC Bank became the largest lender and even the most valued. Its comparable private peers are likely to report ratios far worse and public sector lenders even more so. After all, a moot point in the dismal performance of public sector lenders is that their chiefs have short tenures. In that regard, HDFC Bank is in a far better place as Puri’s exit date is known.
Source: Mint April 21, 2019 19:11 UTC