The country's largest private sector lender, HDFC Bank, has said it is looking to grow its loan book slower than the industry in the current financial year (FY25). The move comes as the lender looks to bring down its elevated credit deposit (CD) ratio to pre-merger levels.
"We will bring down the CD ratio faster than what we had anticipated. In FY26, we may be at or around the system growth rate, and in FY27, we should be faster," said Sashidhar Jagdishan, managing director and chief executive officer, HDFC Bank, in a call with analysts following the bank's September quarter (Q2) earnings on Saturday.
Bu hikaye Business Standard dergisinin October 21, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin October 21, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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