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

Latha Venkatesh • January 18, 2024 / 08:19 IST

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

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

To read the full story,

Are you a PRO subscriber? Sign In

Ad free Experience

Seamless navigation, faster responses.
Expert Perspective

Explore 230+ exclusive editorials every month
+

Uncover Insights from World-Renowned Experts and Journalists
Actionable Insights

40+ weekly investment ideas + 3 to 4 daily technical calls
Virtual Events

Exclusive Live Webinars for Expert Trading & Investment Strategies!
Newsletters

Stay ahead with daily and weekly insights

Unlock exclusive discounts