Refer to the Chapter Opener on the HDFC Bank’s Cash Flows Statement. Briefly comment on the stated facts therein. How do you rationalize on the queries raised? How would that augur for the future of the organization?

Transcribed Image Text:

In FY2015, HDFC Bank had to Borrow to Maintain Cash Incorporated in 1994, HDFC Bank Limited is the largest bank in India with market capitalization approximately 2.7 trillion. In fact, in January 2016, it created a huge news. The stock market value of HDFC Bank was more than that of all the 20 nationalized banks put together. The bank's Managing Director has held his position since 1994, giving a signal on prime constituent behind the banks amazing growth and success. We present some financials from its 2015 annual report: Financial Items of HDFC Bank Total income from operations, etc. Net profit (loss) for the Period Net cash flow from operating activities Amount in Billion 602 107 (212)