This poor performance is explained by fast loan growth as asset growth separate from loan growth is not followed by poor performance. These banks reserve less for loan losses when their loans grow quickly than other banks. Subsequently, they have a lower return on assets and increase their loan...
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Standard & Poors (S&P - a renowned Global Rating Agency)has reaffirmed its international rating for HDFC Bank atBBB- / A3 with a Stable outlookfor 2020. S&P has appraised the Bank’s Global Stand-Alone Credit Profile (SACP) atBBB+ which is 2 notches higher than India’s Sovereign Rating...