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HDFC Bank: Jefferies sees 21% upside after Q2 results; key factors to watch

Posted on October 19, 2026
By Financial Express
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1 min read

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HDFC Bank: Jefferies sees 21% upside after Q2 results; key factors to watch

HDFC Bank's Q2 results show profit and net interest income growth, but retail deposit growth remains crucial. Jefferies maintains a 'Buy' rating with a Rs 880 target, highlighting management changes and margin improvements.