HDFC CFO says margins to stabilise as customer preferences shift back to CASA

Over the last two or three cycles spanning ten years, we’ve observed that customers eventually move back to CASA deposits as rate cycles normalise. This shift will help us maintain stable NIMs compared to the industry, as our duration and positioning are tightly managed, said Srinivasan Vaidyanathan, CFO of HDFC Bank, further discussing that steady deposit growth, retail loan opportunities, and asset quality provides comfort.

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