HDFC Bank’s Strategic Approach to Industry Growth: A Deep Dive into Credit-Deposit Ratio Management

In the dynamic world of banking, HDFC Bank has recently announced its strategic plan to grow advances at a “little slower” pace than deposits. This move aims to bring down the credit-deposit ratio, ensuring a robust financial position and maintaining adequate liquidity buffers. This article will delve into the intricacies of this decision, its implications,…

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Artificial Intelligence Propelling Medical Devices Industry to Hit $1.2 Billion by 2027, Reveals Report

The burgeoning sector of Artificial Intelligence (AI) in the medical devices industry is predicted to experience significant expansion in the coming years. This growth trajectory is driven by a compound annual growth rate (CAGR) pegged at an impressive 29.1%, escalating from a base of $336 million in 2023 to an anticipated value of $1.2 billion…

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