CLSA On HDFC Bank: Growth Expansion & High ROEs To Drive Returns 
CLSA On HDFC Bank: Widening Growth Gap Vs Corp Banks Could Expand Valuation Premium 
CLSA On HDFC Bank: Stock One Of The Top Picks In Sector; Target At Rs 1,300/Sh

CLSA On ICICI Bank: Bank Is Trading At 30-60% Discounts To Private Banks 
CLSA On ICICI Bank: See Scope For A Rerating With A Forecast 16% Profit CAGR 
CLSA On ICICI Bank: Have High-conviction Buy Call With With Target Of Rs 375/Sh