Rate-driven deposit accretion not part of our strategy, says HDFC Bank CFO | Mint
Mumbai: Offering higher rates on certain high-value deposits to increase the pace of deposit accretion is not part of HDFC Bank’s strategy, unlike some of its peers, and the bank will continue to focus on organic and granular deposit mobilisation via its branch network, chief financial officer Srinivasan Vaidyanathan said. “We do not want to