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Axis Securities is Equal Weight on HDFC Bank, target price Rs 2025
Axis Securities sets a target price of Rs 2,025 for HDFC Bank. The bank's current market price is Rs 1,760.5. HDFC Bank focuses on reducing its loan-to-deposit ratio. The bank aims to achieve this by slowing down credit growth and boosting deposit growth. Axis Securities predicts a return on assets of 1.8-1.
