HDFC in talks with global banks to offload Rs 8,400 crore in loans

HDFC Bank, India's largest private sector lender, is negotiating with global banks like Barclays, Citigroup, and JPMorgan to sell up to $1 billion in loans. This move aims to align its credit book with deposits amid regulatory pressure. The bank's credit to deposit ratio has risen significantly following its merger with Housing Development Finance Corp.
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