HDFC Bank creates another crisis
The private sector bank’s no-holds-barred quest to bump up deposits (and cut back on credit) has only hurt its profitability and put off investors.
26 May, 2024•9 min
0
26 May, 2024•9 min
0
More in Business
Business
NSE moves to settle colocation case with SEBI, sees sharp dip in profit
The stock exchange’s Q2 bottom line slipped on the back of a near Rs 1,300 crore provision to settle the long-pending case.
You may also like
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
Business
The rot at HDFC Bank’s Dubai branch goes deep
The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.