HDFC Bank will bring down CD ratio as quickly as possible: CEO Jagadishan

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HDFC Bank will bring down CD ratio as quickly as possible: CEO Jagadishan - Business Standard

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“We are very cognisant of the risks that are there in the system and instead of being nudged on that, we want to do it ourselves because it makes economic sense to bring it down as quickly as possible,” he added.

While HDFC Bank has not received any regulatory directive from the Reserve Bank of India (RBI) regarding the timeline to reduce its high credit-deposit (CD) ratio, the bank aims to achieve this goal 'as quickly as possible' while maintaining its commitment to profitable growth.