HDFC Bank Ltd. (HDFCB), the country second largest private sector bank, posted stable number for the Q3FY17 in spite of unfavorable business environment during the quarter. Double digit YoY growth in advances, deposits and net profit indicates that the bank continued to witness strong growth in business as well as profitability. We are of the view that in spite of big size, outperformance to peers will continue in terms of financial and operating parameters. Thus, HDFCB is our...