Private sector banks, led by HDFC Bank, have sold nearly ₹40,000 crore of loans this fiscal to enhance liquidity and balance their books amid slow deposit growth. This marks a significant shift as banks like HDFC Bank, IDFC First Bank, and RBL Bank use loan sales via pass-through certificates and direct assignments to manage credit-deposit ratios effectively.
Big investors ditch tech ahead of expected September stocks slump
Big investors, fearful of September’s typical seasonal declines, exited profitable stock positions on Tuesday, according to investors and trading company research, a sign the selloff