HDFC Bank Ltd., India’s largest private sector lender, is in discussions with global banks such as Barclays and JPMorgan to offload up to $1 billion in loans. This effort seeks to align its credit book with deposits due to a worsening credit-to-deposit ratio.
Related Posts
Gold price outlook: Is precious metal still a good investment bet post import duty cut? Here’s why you shouldn’t dismiss it!
The recent reduction of gold import duty from 15% to 6% resulted in an 8% drop in domestic gold prices, affecting gold ETFs and sovereign […]
Indian Railways to launch a ‘super app’ soon! Soon book tickets, track trains, order food on just one app – details here
Indian Railways plans a ‘super app’ by December to integrate ticket booking, platform passes, and train schedules into one platform. Developed by CRIS and integrated […]