Citi raises target price on HDFC Bank


Citi raises target price on HDFC Bank

Citi said most of these concerns should get addressed starting from the second quarter of FY22. The brokerage has raised target price to Rs 1,900 from Rs 1,800 and retained a buy rating on HDFC Bank shares.

LIC Housing Finance's Managing Director and CEO Y Viswanatha Gowd said the lender has been an early mover in offering 6.66 per cent on home loans up to Rs 50 lakh from July 1, 2021 and now it has extended the same rate for loans up to Rs 2 crore.


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