Originally posted by basant ALL Banks will feel the pinch of a slowing economy and that includes HDFC bank but what we need to do is follow the Banks who have handled such slowdowns in the past also HDFC Bank has negligible exposure to real estate and infra companies and mostly focusses on retail.   They are very conservative in lending unless you are banking with them they will be reluctant to give you a credit card even people who had overdraft accounts with CBoP prior to merger with HDFC Bank were asked to either put in fresh security or bank with a lower overdraft, I met one such persona and he was saying that the credit control processes of HDFC bank are bad now what is bad for a customer is good for a sharehodler. It is a irony but happens in Banking.   Broadly it is the trust that comes with a history of 50 quarters rather then anything quantitative.

Contrary to India, lot of banks are offering $100  to $150 for opening checking accounts in US. Me and my wife opened a checking account with Chase and got $125 each. They are great for customers.

I think you have just given out a clue towards the next bank in the U.S. that is going to fall !! LOL!

Originally posted by kanagala Contrary to India, lot of banks are offering $100  to $150 for opening checking accounts in US. Me and my wife opened a checking account with Chase and got $125 each. They are great for customers.

Whose report is that?

"About ESOPs, I think the point is that future EPS should take into account any dilution on account of conversion of Options."

In addition to the above I think the point is that granting of Stock Options should be treated as a cost ( and therefore go to the expenditure column in P&L in the quarter when they were issued) for reasons below :-

1) Anything that has reduced earnings is a cost ( say Operational expenditure like salaries, rents,etc)
2) For existing shareholders, ESOPs are an expenditure (cost) since they are reducing the earnings (per share in any case).

I don't have any accounts background so apologies if I used incorrect terms. Hope I made some sense.