‘After merger in 2022, HDFC faced hostile banking landscape’

HDFC Bank MD & CEO Sashidhar Jagdishan acknowledged that the merger with HDFC faced unforeseen challenges due to a tightened global economic situation. Changes included RBI's rate hikes and a shift in consumer preferences. Emphasizing branch expansion, Jagdishan highlighted the importance of greater deposit growth over credit growth to navigate the tough economic landscape.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VzLxUJG
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