Indiabulls maintains 'buy' on HDFC Bank
Indiabulls has maintained a 'buy' rating on HDFC Bank as it feels that the bank would revert to its more profitable numbers once Centurion Bank of Punjab is integrated in its existing network.
India's second largest private sector lender HDFC Bank on Monday tied up with Wells Fargo, largest bank in the United States in terms of market capitalization, to facilitate money transfer for the bank's non-resident Indian customers based in the US.