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HDFC Bank launches flexible EV car loan with longer battery repayment

HDFC Bank launched an initiative in an energy transition development.

· BS Companies

The Flexi Electric Car Loan offers separate financing for the vehicle body and battery, allowing customers to customise EMIs and repay the battery portion over a longer…

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Against that, the stock is -0.2% on the day at ₹692.80, and has returned -7.8% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -4.2% over the same period, so HDFC Bank is running 3.6 points behind its peers.

For HDFC Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.

  • The shift to renewables is redrawing which energy names are structural winners versus stranded.
  • The company directly in focus is HDFCBANK.
  • Sector exposure: Banks.