Banks likely to remain on profitable path in New Year too with robust credit growth

In the private sector banking space, consolidation remained the flavour, with parent HDFC Ltd deciding to merge with HDFC Bank, and Axis Bank announcing the takeover of the retail portfolio of global giant Citibank. These two deals are expected to be completed in 2023.

from Banking/Finance-Industry-Economic Times https://ift.tt/6TX4r5D