Thursday, July 25, 2024

BANKING

India's private banks, pressured by regulators to improve credit-deposit ratios, have started selling retail loan portfolios. HDFC Bank sold a $597 million loan portfolio in June, and IDFC First Bank sold retail loans to Citigroup. Several lenders are now exploring similar deals for better CD ratios.

from Banking/Finance-Industry-Economic Times https://ift.tt/gvib2tW
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