Merger hits HDFC Bank’s interest margins

The lender’s gross non-performing assets also rose to 1.34% from 1.17% in the quarter before the merger as the NPA ratio included restructured loans from HDFC.

17 October, 20231 min
0
Merger hits HDFC Bank’s interest margins

You may also like

Business
Story image

Devi Shetty’s contrarian bet in expanding to the United Kingdom

On the surface, Narayana Health’s latest acquisition holds promise. But a closer look suggests that the UK’s Practice Plus Group will need a bit of a turnaround before it can start yielding results.

Business
Story image

JLR’s nightmare cyberattack has taken a turn for the worse

What began as an operational outage has turned into a data breach affecting employees (past and present), exposing governance gaps that could prove costly for the UK automaker and the Tata group.

Business
Story image

How Ankur Jain blew it with Bira

Once India’s craft beer breakout star, Bira collapsed under unchecked ambition, runaway costs and a founder who just could not slow down.