https://www.taxtmi.com/news?id=31139 HDFC Bank posted a modest consolidated profit rise amid deliberately slower loan growth and stable net interest margin. Management is reducing the credit deposit ratio toward a sub 90 per cent target within about two years by growing credit below the system now, reaching parity next year and outpacing later. Deposits expanded strongly. Asset quality saw seasonal GNPA pressure from agricultural loans but adjusted GNPA was stable; unsecured portfolios remain stable after deceleration. Retail assets are the strategic focus, loan securitisation activity continues, and capital adequacy and buffers are robust. An IPO application for the bank's non bank subsidiary is under regulatory review. en-us Wed, 22 Jan 2025 20:16:03 +0530 Wed, 22 Jan 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31139 HDFC Bank posted a modest consolidated profit rise amid deliberately slower loan growth and stable net interest margin. Management is reducing the credit deposit ratio toward a sub 90 per cent target within about two years by growing credit below the system now, reaching parity next year and outpacing later. Deposits expanded strongly. Asset quality saw seasonal GNPA pressure from agricultural loans but adjusted GNPA was stable; unsecured portfolios remain stable after deceleration. Retail assets are the strategic focus, loan securitisation activity continues, and capital adequacy and buffers are robust. An IPO application for the bank's non bank subsidiary is under regulatory review. News - Wed, 22 Jan 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=31139