HDFC Bank could be nearing a leadership transition, with Jefferies saying greater clarity on CEO succession and a management reshuffle could improve execution and support a rerating. The brokerage retained its Buy rating and Rs 880 target, citing scope for stronger deposit growth, fee income and a better loan mix.
HDFC Bank could be nearing a leadership transition, with Jefferies saying greater clarity on CEO succession and a management reshuffle could improve execution and support a rerating. The brokerage retained its Buy rating and Rs 880 target, citing scope for stronger deposit growth, fee income and a better loan mix.
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