the largest detractor was India’s HDFC Bank Limited (NYSE:HDB), which reported a slowdown in deposit growth in an environment where the central bank has continued to tighten liquidity.

The shares of HDFC Bank gave a negative reaction to the block deal, in which Morgan Stanley and Citigroup bought shares of HDFC Bank worth over Rs 755 crore through an open market transaction.

MUMBAI, Oct 19 (Reuters) - HDFC Bank (HDBK.NS), opens new tab, 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 ...

The weak numbers, following HDFC Bank's report of a drop in loans and low-cost deposits in Q1FY25, dragged down other bank stocks as well. Bank of Baroda reported a 5.3% year-on-year increase in ...