HDFC Bank securitises assets worth Rs 24,600 crore to reduce loan-to-deposit ratio
HDFC Bank has securitised loan pools worth Rs 24,600 crore in nine months as part of a strategic initiative, with Rs 19,200 crore in the September quarter alone. This move aims to normalize the loan-to-deposit ratio more quickly, affecting loan growth and financial metrics such as NIM and RoA.