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HomeNewsOpinionHDFC Bank: The worst may be over, but it's tough to reclaim its past glory

HDFC Bank: The worst may be over, but it's tough to reclaim its past glory

Thie desperate need to find money to lend defines HDFC Bank's central problem. Lately several factors have combined to make deposits very scarce and hence expensive for all banks

January 18, 2024 / 08:19 IST
HDFC Bank: The worst may be over, but it's tough to reclaim its past glory

The real upset for the market was the bank's net interest margin coming in at 3.4 percent, flat versus its Q2 margins

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