This is the second article in a series on understanding bank stocks in which I will discuss the basics of a bank income statement. In the first article I had discussed the basics of a bank’s balance sheet. Reading it before this article, will be helpful. ICICI Bank’s income statement for FY13 Figures are […]
Understanding a bank’s balance sheet
In this article I will take you through the basics of a bank’s balance sheet. Why should an investor consider banks? Good bank stocks can be great wealth creators. For example, HDFC Bank stock traded at Rs. 45.65 (after adjusting for corporate actions like splits) in Dec 2000. Today it trades at around Rs. 690. […]