HDFC Bank to up loan book slower than deposits, focus on reducing CD ratio
HDFC Bank will be growing its advances slower than the deposits, and focus on getting the credit-deposit ratio to the pre-merger levels, according to a top bank official. In the annual report of the country's largest private sector lender, its managing director and chief executive Sashi Jagdishan suggested that profitability will also be a core aspect of its strategy. Jagdishan said the bank which merged its home loan-focused parent HDFC Ltd with itself last July is passing through a phase of "adjustment"... Читать дальше...