UniBlurb #11

Good morning! and welcome to the eleventh edition of UniBlurb - Your Weekly Dose of Management. Today, we will be going over:

#HDFC bank Q4 Results
#Supreme Court’s take on healthcare fee structure
#Health Insurance for all!
#Internships, Competitions & Events

MONDAY MOTIVATION

SPONSORS
HITA Education & Immigration

Dreaming of studying abroad? Look no further!
Unlock your global ambitions with HITA Education! From acing your IELTS to settling abroad, we’ve got you covered every step of the way!

• Get a personalised profile evaluation

• Ace your test preparation with expert guidance

• Choose the perfect university and program

• Explore scholarship and loan opportunities

• Navigate the visa process stress-free

• Find the ideal accommodation

• Prepare for your adventure with a pre-departure orientation

Your study abroad journey starts here!
Book Your Free Assessment Session bit.ly/Study-Abroad-HITAEDU 
now or call 9910906909.

OUR TWO CENTS
HDFC Bank’s Profit Surge: A Financial Firework Display!

HDFC Bank has just knocked it out of the park with their Q4FY24 results, folks! They've reported a whopping 37.1% growth in net profit, raking in Rs 16,512 crore. That's not just a number; it's a testament to their financial wizardry. The secret sauce? A stellar increase in net interest income by 24.5% to Rs 29,080 crore, and a core net interest margin that's as solid as a rock at 3.44% on total assets.

But wait, there's more! Their other income has more than doubled, thanks to some savvy trading gains and mark-to-market magic, bringing in Rs 18,166 crore. And with GNPA at a mere 1.24%, they're not just playing it safe; they're playing it smart by making a cool Rs 1,090 crore floating provision.

So, what's the bottom line? HDFC Bank isn't just growing; they're soaring high with a 55.4% year-on-year increase in gross advances. Their total deposits have shot up by 26.4%, with Casa deposits making up a healthy 38.2% of the total. It's clear that when it comes to banking, HDFC Bank is not just playing the game; they're changing it. And with a Capital Adequacy Ratio of 18.8%, they're not just ready for the future; they're shaping it. Talk about setting the bar high!

OUR TWO CENTS
Navigating Healthcare Pricing: The Supreme Court's Prescription

The Supreme Court of India is cooking up a legal broth that could change the flavor of healthcare pricing. With a verdict on the horizon, they're stirring the pot on standardizing fees for private hospitals. It's a recipe aimed at shrinking patient bills and leveling the playing field between public and private healthcare providers. But let's not sugarcoat it; some analysts are worried this dish might be tough to digest for smaller hospitals, with the complexity of diseases and hospital amenities adding a pinch of practicality to the mix.

On the financial front, BNP Paribas Securities is dishing out predictions that could make hospital chains sweat. They foresee a potential cap on room rents slicing into profits, especially for standalone hospitals already on a tight budget. Yet, they're not all doom and gloom, expecting a 5-6% growth in average revenue per occupied bed (ARPOB) in the coming years. So, while the stocks took a nosedive, they've bounced back like a good soufflé.

Wrapping up, the government's not putting all its eggs in one basket. They're focusing on expanding healthcare access rather than micromanaging private sector pricing. With Apollo Hospitals as the cherry on top, analysts are betting on stable growth. So, as we await the Supreme Court's final seasoning on this healthcare hotpot, let's hope it serves up a balanced meal that satisfies both patients and providers. Bon Appétit!

OUR TWO CENTS
IRDAI’s Game-Changing Move Unlocks Health Insurance for All!

he IRDAI has just given the green light to folks of all ages to secure health insurance policies, with no upper age limit! That’s right, no more ageist barriers at 65 – it’s open season for everyone to get covered.

This game-changing move is all about inclusivity and ensuring that every individual, especially our wise and wonderful senior citizens, has access to the healthcare protection they need. It’s a big win for those who’ve been counting their birthdays with a bit of trepidation, worrying about medical expenses as they age gracefully.

So, what’s in it for our seasoned life experts? Well, they can now enjoy comprehensive coverage without any cap on AYUSH treatments, and even file multiple claims with different insurers. It’s like having a healthcare buffet with all the trimmings.

INDUSTRY CONNECT
Internship opportunities

1. Nutrabay (Product Management Intern)
   
   You'll scale Athlab by aligning with business needs and conducting customer research. Utilize data to improve the product within Shopify's limitations. Collaborate on launches and continuously enhance product performance.
   Apply Here!

2. BarRaiser (Operation Intern)
   
   As an Operations Executive or intern, you'll actively engage in day-to-day operations, conduct quality checks, create reports, propose process improvements, take ownership of projects, contribute creative ideas, and communicate effectively with the team.
   Apply Here!

3. Invest Mindset (Finance Intern)
   
   As a finance intern, you'll research and create content on investing, stock market, personal finance, business, and economic case studies. Stay current with business trends, develop social media strategies, manage content across platforms, and receive training in research and writing.
   Apply Here!

EVENTS ON THE RISE
Best events and competitions in the upcoming week

1. Blueprint’24 (DDUC, Delhi)
   
   Blueprint, hosted by the Entrepreneurship Development Cell of Deen Dayal Upadhyaya College, University of Delhi, presents "Project Zero Dawn: A Dystopian Case Competition." Participants will tackle strategic challenges in a zombie apocalypse scenario, showcasing their skills and resilience.
   Register Here!

2. Case Ace (SBSC, Delhi)
   
   Join Ecospire for Econotize 2024! In Case Ace, tackle economic challenges with innovative solutions. Open to undergrads, postgrads, engineers, and MBAs. Don't miss your chance to excel in economics!
   Register Here!

3. Imagine 180 3.0 (JMC, Delhi)
   
   Imagine 180: A Case Study Competition by 180DC JMC! With three rounds including a quiz and two case study challenges, sharpen your analytical and problem-solving skills. Dive into the world of business and showcase your talent!
   Register Here!