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HDFC Bank negotiates with global lenders to offload $1 billion in loans

HDFC Bank negotiates with global lenders to offload $1 billion in loans

Sep 12, 2024, at 09:02 pm

Mumbai/IBNS: India's largest private sector lender, HDFC Bank, is negotiating with major global banks to offload loans totaling up to Rs 8,400 crore ($1 billion) as part of its strategy to reduce the size of its credit portfolio and improve its credit-to-deposit ratio, reports Bloomberg, citing its sources.