HDFC
Business Finance

HDFC Bank Shares Fall On Deposit Payment Report

By BPN News Desk
HDFC Bank shares fell on Wednesday after a report alleged that the lender made payments to a Maharashtra government department to attract large deposits. The bank rejected assumptions of wrongdoing and said it follows established internal review and control processes. HDFC Bank Shares Decline Shares of HDFC Bank fell as much as 2.5% during trade […]
HDFC
Business Finance

HDFC Bank Credit-Deposit Gap Widens In Q4

By BPN News Desk
HDFC Bank Credit-Deposit Gap Widens In Q4 HDFC Bank’s provisional business update for the quarter ended March 31 showed loan growth continuing to outpace deposit growth, widening the gap between advances and deposits. The update pointed to steady credit expansion, but also highlighted the continued need for stronger deposit mobilisation as the bank heads into […]