HDFC Bank faces tough task to deliver both on margins and costs: Suresh Ganapathy of Macquarie

Ever since the merger, HDFC Bank#39;s asset book has grown tremendously but deposits haven#39;t. The average quarterly net deposit growth for 9M FY24 stood at Rs 63,600 crore, much lower than the guided Rs 1 lakh crore Ever since the merger, HDFC Bank#39;s asset book has grown tremendously but deposits haven#39;t. The average quarterly net deposit growth for 9M FY24 stood at Rs 63,600 crore, much lower than the guided Rs 1 lakh crore Moneycontrol Latest News Read More

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