Credit-Deposit

HDFC Bank’s prolonged realignment reflects caution, strategy amid changing dynamics

By Prakhar Agarwal, Kartik Solanki, Palak Shah of Elara Global Research NEW DELHI: HDFC Bank’s latest quarterly results reveal a bank amid a delicate balancing act, managing multiple financial levers while navigating the complexities of its ongoing merger. While the earnings exceeded estimates, mainly due to lower credit costs, the key takeaway is that the […]