CLSA downgrades HDFC Bank, cuts target price; stock down 1%
Analysts at CLSA expect HDFC Bank's net interest margin (NIM) recovery to be more U-shaped rather than V-shaped.
Analysts at CLSA expect HDFC Bank's net interest margin (NIM) recovery to be more U-shaped rather than V-shaped.
Asset risks for Chinese banks will increase from the country's economic slowdown, says Moody's.
RBL Bank is allocating capital to build a new line of secured housing business, and aims to carry out steps to reduce costs to protect its balance sheet in light of the changing economic environment.
The bank saw robust loan growth, with advances rising 53.4% to Rs 2.15 lakh crore, over the previous year.