HDFC Bank in talks with several global banks to offload $1 billion in loans

HDFC Bank Ltd., India's largest private sector lender, is in discussions with global banks such as Barclays and JPMorgan to offload up to $1 billion in loans. This effort seeks to align its credit book with deposits due to a worsening credit-to-deposit ratio.

Sep 12, 2024 - 12:30

HDFC Bank in talks with several global banks to offload $1 billion in loans

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HDFC Bank Ltd., India's largest private sector lender, is in discussions with global banks such as Barclays and JPMorgan to offload up to $1 billion in loans. This effort seeks to align its credit book with deposits due to a worsening credit-to-deposit ratio.