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7 months ago

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HDFC Bank flags hit to asset quality, margins post merger; shares slide 4%

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HDFC Bank flags hit to asset quality, margins post merger; shares slide 4%

India's top private lender HDFC Bank has warned that its merger with HDFC Ltd would hit key financial metrics including its margins and bad loan ratios, sending shares down 4% on Wednesday and dragging the blue-chip Nifty 50 .

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HDFC Bank flags hit to asset quality, margins post merger; shares slide 4%

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HDFC Bank flags hit to asset quality, margins post merger; shares slide 4%

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