HDFC Bank to keep LDR healthy: CEO
Financial Express Mumbai|February 20, 2024
‘Slower deposit erowth has put pressure on profit margins
SACHIN KUMAR
HDFC Bank to keep LDR healthy: CEO

HDFC BANK WILL maintain a healthy loan to deposit ratio (LDR), managing director and chief executive Sashidhar Jagdishan said on Monday.

Speaking at an investor conference hosted by Goldman Sachs, he said there is a need to mobilise sustainable deposits in order to replace maturing bonds.

"Going forward, whatever we will do, will be very similar to what we have done in the past, which means we will maintain a very healthy incremental LDR.

HDFC Bank's LDR has increased after its merger with HDFC Ltd and is currently at 110%, which is higher than the industry average.

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