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Looking for calmer waters
Bancassurance has made a difference in 3QFY11. HDFC Bank collected 60% of incremental premium.
On the cost front, the company has rationalised the cost structure by laying off employees on performance issues and
closure of redundant branches.
3QFY11 was a rock bottom performance. Now looking to stabilise the company's performance.
Visit http://indiaer.blogspot.com/ for complete details �� ��
Looking for calmer waters
Bancassurance has made a difference in 3QFY11. HDFC Bank collected 60% of incremental premium.
On the cost front, the company has rationalised the cost structure by laying off employees on performance issues and
closure of redundant branches.
3QFY11 was a rock bottom performance. Now looking to stabilise the company's performance.
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