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HDFC Bank Q1 Results Review - Inline Earnings With Positive Surprise On Margins: Systematix

Given the regulatory pressure to reduce credit-deposit ratio along with rising deposit competition, the brokerage trims its FY25 growth estimates by 1%.

<div class="paragraphs"><p>HDFC signage replaced with HDFC Bank at Ramon House after the merger. (Source: Company) </p></div>
HDFC signage replaced with HDFC Bank at Ramon House after the merger. (Source: Company)
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