Summary
An underwhelming HDFC Bank result in the first quarter ended June – with both NPAs and restructured loans rising – has analysts cautious on performance. of the rest of the banking industry.
Mumbai: HDFC Bank’s less than impressive performance in the first quarter ending June – with both NPAs and restructured loans rising – has analysts cautious about operations the rest of the banking industry. Siddharth Purohit, analyst at SMC Global Securities, said: “If things are too challenging for HDFC Bank, then we should also watch out for other banks, especially mid-sized ones. That’s because HDFC Bank is
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https://economictimes.indiatimes.com/markets/stocks/news/rise-in-hdfc-banks-risky-assets-spurs-concerns-over-sector-stress/articleshow/84538051.cms