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20 Dec, 7 tweets, 2 min read
Starting from a Truck Yard, How HDFC became India's largest bank? ๐Ÿคฉ

A Thread! ๐Ÿงต (1/7)

#hdfcbank #Banking #India
In 1994, the CEO of Citibank, Malaysia, was poached to become the CEO of an Indian startup bank.

The CEO was Aditya Puri. (2/7)
Why would a CEO of a big company living life abroad leave the job, the money, the luxury? (3/7)
There were two reasons:

Puri wanted to live with his father and his father wouldnโ€™t leave Mumbai.

The person who poached him was a very good old friend, Deepak Parekh, with a great plan. (4/7)
So Aditiya Puri came back to become the CEO of a bank called HDFC. (5/7)
The first back office of HDFC was a truck yard, in the open, with no lights and fans.

And today, it is Indiaโ€™s No. 1 bank. (6/7)
The person you know, the journey you donโ€™t. Visit Finology Blogs to read how it all started. (7/7)

blog.finology.in/success-storieโ€ฆ

โ€ข โ€ข โ€ข

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More from @myfinology

myfinology Profile picture
21 Dec
T-Series, A Journey of Theft, Murder & more.๐Ÿคฏ

A thread! ๐Ÿงต (1/7)

#business #TSeries
Gulshan Kumar, fruit juice vendor; to Gulshan Kumar, music industry mogul sure sounds like a fairytale journey.

But the reality is far from it. (2/7)
To remedy this cost, Gulshan exploited the lenient copyright laws that were prevalent in the country during the โ€™90s. (3/7)
Read 7 tweets
myfinology Profile picture
20 Dec
๐—˜๐—บ๐—ฒ๐—ฟ๐—ด๐—ฒ๐—ป๐—ฐ๐˜† ๐—™๐˜‚๐—ป๐—ฑ ๐—ฐ๐—ฎ๐—ป ๐—ฝ๐—ฟ๐—ผ๐˜๐—ฒ๐—ฐ๐˜ ๐˜†๐—ผ๐˜‚๐—ฟ #๐—ฆ๐˜๐—ผ๐—ฐ๐—ธ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜
๐—ด๐—ฎ๐—ถ๐—ป๐˜€! ๐Ÿคฏ

Donโ€™t believe it? Read this story of one of our clients.

#personalfinance #investments #nifty50

(1/10)
It all started in 2020, amidst the pandemic, locked inside homeโ€ฆ along with 1.4 Cr new investors, Mr. Aman (name changed for anonymity) made his baby steps in the stock market.

(2/10)
Good quality stocks at reasonable prices - what else could he ask for?
Whatever he had saved, he invested them all in the markets. He was all in.

The markets kept rising and so did his portfolio. Within a year, Aman nearly tripled his portfolio.

(3/10)
Read 10 tweets
myfinology Profile picture
2 Dec
When Tata was removed from Tataโ€ฆ ๐Ÿคฏ

In 1978 when JRD Tata was the chairman, he was fired from his own company.

A Thread! (1/8) ๐Ÿงต

#tata #JRDTata #StocksToBuy
This was around the time when a feud between the Tatas and the government reached its height. It was for Air India (Tata Airlines).

Govt. wanted to nationalize it. JRD didnโ€™t.
(2/8)
The govt. went ahead and did it anyway without even consulting JRD.

Since then, khatti mithi nok jhok started between the two.

(3/8)
Read 8 tweets
myfinology Profile picture
1 Dec
STAR Health - a rockSTAR or a flopSTAR? ๐Ÿค”

Ace Investor #RakeshJhunjhunwala has made a stellar 500% returns from his investment in Star Health in just over two yrs!

Should u invest in #starhealthipo ? ๐Ÿ›ก๏ธ

Read ths interesting thread to find out ๐Ÿง
(1/11) ๐Ÿงต

#Investment #stock
Star Health is India's oldest and largest standalone health insurer (SAHI) with a 15.8% market share.

Its Gross Written Premium for FY21 was ~ 60% more than the GWPs of all the four other standalone health insurers combined - CARE, Max Bupa, Manipal Cigna, Aditya Birla!

(2/11)
Star Healthโ€™s agent network of 4.5 L+ agents is nearly 50% more than the other four SAHIs combined! ๐Ÿ˜ฎ

These agents bring in about 80% of the business for Star (in contrast to 60% for other SAHIs).

(3/11)
Read 11 tweets
myfinology Profile picture
30 Nov
Here's an interesting thread about our beloved comedian ๐Ÿงต

(1/7)

#investing #StockMarket #insurance #mrbean Image
In 2011, Rowan Atkinson, whom we know as Mr. Bean, met with an accident while driving his McLaren F1 supercar ๐ŸŽ๏ธ, which he bought in 1997 for ยฃ640,000.

(2/7)
To repair the car, Mr. Bean received an auto insurance payment of ยฃ910,000 (Rs. 9 Crores as of today), making it the most expensive luxury auto insurance claim ever! ๐Ÿ˜ฒ

(3/7)
Read 7 tweets
myfinology Profile picture
24 Nov
Competing in an industry crowded with leading global brands is tough!

But how did #Mankind carve out a market-leading position in d Pharma #OTCMarkets ? ๐Ÿ’Š

- here's an interesting thread๐Ÿ‘‡ (1/8 ) ๐Ÿงต

#mankindpharma #Pharmaceutical #OTC #investing #StockMarket #StockMarketindia
One of the fastest-growing pharma companies in India, #Mankind was actually born due to the rift in the family.

After splitting with one of his brothers, Ramesh Juneja started Mankind with a mere capital of Rs 50 lakh and generated 600% #ROI in the very first year! ๐Ÿ’น

(2/8)
Being a relatively late entrant, #Mankind adopted an unconventional strategy to gain success in the business -

While most of the players targeted tier 1 cities and export opportunities, Ramesh decided to tap rural areas with affordable #medicine ๐Ÿ’Š

(3/8)
Read 8 tweets

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