HDFC Bank's chief admitted to falling short of deposit growth ambitions, setting wide credit-deposit targets due to an uncertain environment. The bank aims to lower its credit-to-deposit ratio from 98.7% to 92-96% this fiscal year and further to 85-90% by FY27, focusing on sustainable profitability amidst a rate-easing cycle.
HDFC Bank's chief admitted to falling short of deposit growth ambitions, setting wide credit-deposit targets due to an uncertain environment. The bank aims to lower its credit-to-deposit ratio from 98.7% to 92-96% this fiscal year and further to 85-90% by FY27, focusing on sustainable profitability amidst a rate-easing cycle.
HDFC Bank's chief admitted to falling short of deposit growth ambitions, setting wide credit-deposit targets due to an uncertain environment. The bank aims to lower its credit-to-deposit ratio from 98.7% to 92-96% this fiscal year and further to 85-90% by FY27, focusing on sustainable profitability amidst a rate-easing cycle. 
