HDFC Bank-HDFC Merger Signals Goodbye To The Halcyon Days - BloombergQuint

Mergers are confessions of failure to grow earnings on an organic basis. HDFC Bank-HDFC is no exception, writes TT Ram Mohan.

Without its own home loans, growth in recent years at HDFC Bank has come from MSMEs and the unsecured book. These are high-yield products but risky. Home loans have a lower yield but serve the purpos… [+1172 chars]

full article...