The brokerage is bullish on the premise that “that faster deposit accretion for HDFC Bank from a system standpoint may be achievable, while grandfathering of bank borrowings may be permitted. Unsecured share in the merged entity might remain between 11-12 per cent, as the mortgage portfolio (higher ticket size) would grow aggressively.
Global Markets | European shares fall again as Mideast war drags on
European shares extended their decline on Tuesday, mirroring a global equity selloff as investors grappled with the prospect of a prolonged Middle East conflict. A