secretstalks
HDFC Bank MD & CEO Sashidhar Jagdishan was cited in a report on August 10 as stating that the bank faced a hostile banking environment after the merger in 2022.
In April 2022, Jagdishan’s lender chose to combine with parent company HDFC, which considerably altered the financial market. However, he stood by his choice. Jagdishan made a statement during the bank’s annual general meeting, pointing out that changes in customer choices and tighter liquidity conditions had affected their early growth projections and changed the state of the world economy.
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