The merger between HDFC and HDFC Bank is expected to occur within the next 4-5 weeks, resulting in a lower net interest margin (NIM) for the bank. The bank expects to maintain a return on assets of 1.9% to 2.1% and intends to add over 1,500 branches annually for the next 4-5 years, a significant proportion of these in rural and semi-urban areas.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lscMWkP
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