Tag: credit-deposit ratio

rate cut: If rate cut happens in Feb, it will come with significant downward revision of GDP: Union Bank report
Posted in Economy

rate cut: If rate cut happens in Feb, it will come with significant downward revision of GDP: Union Bank report

 October 10, 2024  Leave a Comment on rate cut: If rate cut happens in Feb, it will come with significant downward revision of GDP: Union Bank report

Reserve Bank of India’s (RBI) decision to keep the repo rate unchanged and change the policy stance to neutral indicates that inflation is still the…

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The deals confirm India’s largest bank in market value is intensifying efforts to shrink its retail loan portfolio amid heightened regulatory pressure to improve the sector’s credit-deposit ratios(PTI)
Posted in Business

HDFC bank sells $717 million of home loans to reduce credit book

 September 27, 2024  Leave a Comment on HDFC bank sells $717 million of home loans to reduce credit book

Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load…

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