Focusing on higher deposit growth / Adjustment / slow credit growth: Will words of Sashidhar Jagdishan of HDFC Bank reset expectations
Except for the last three years, private sector banks have been big wealth creators and probably a set of stocks where every foreign portfolio investor (FPI) had or has a stake in them. In the last three years they have underperformed and questions were raised about is the best behind them. Then come these words, focusing on higher deposit growth / Adjustment period / slow credit growth. Probably this is what the street knew for quite some time and wanted to hear it from the management so that it can reset its expectations. Читать дальше...