HDFC NIMs to be under pressure for a quarter, says Chairman Deepak Parekh

It can be noted that the RBI has hiked interest rates by a cumulative 0.90 per cent in two successive actions since May with an eye to tame the rising inflation, as it tries to rollback the accommodative measures taken during the pandemic.

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