Total deposits, a key monitorable for the bank after the merger with HDFC, climbed 28% on year, but were still slower than the 62% rise in total advances. Loan growth has largely been aided by the addition of the erstwhile HDFC’s mortgages to the bank’s loan book.
New senior citizens policy in the works after 25 years
India is developing a new senior citizen policy and amending the Maintenance and Welfare of Parents and Senior Citizens Act 2007 to address the needs