War for deposits: Banks’ biggest headache now coming for investors?

Now the biggest culprit behind Bank Nifty’s underperformance has been its largest constituent by weightage—HDFC Bank. But even beyond this behemoth, Indian banks are currently grappling with some considerable systemic challenges, all of which were evident in their recent results. Dial D for Deposits When the country’s largest private sector bank as well as the…

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