HDFC Bank, India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two to three years, its chief financial officer said on Saturday. The bank's LDR was at around 86-87% prior to its merger with parent Housing Development Finance Corporation in July 2023,

The country's largest private sector lender HDFC Bank on Saturday said it will grow its loan book slower than the industry in the current financial year (FY25). The move comes as the lender looks to bring down its elevated credit - deposit (CD) ratio to pre-merger levels.

The bank's management has previously stated its intention to grow advances at a slower pace than deposits it aims to pursue profitable growth without sacrificing asset quality and reduce its elevated credit-deposit (CD) to pre-merger levels.

HDFC Bank Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong growth in deposits and loans.

Mumbai: HDFC Bank, India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two to three years, its chief financial officer said on Saturday.

The bank’s CD ratio had jumped from 86-87% earlier to 110% following the amalgamation of erstwhile parent HDFC Ltd effective July 2023. The ratio is currently at around 100%.