HDFC Bank Shares Plunge After ₹1,756 Cr Block Deal, LDR Concerns Mount

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CNBC TV18•07-01-2026, 13:47
HDFC Bank Shares Plunge After ₹1,756 Cr Block Deal, LDR Concerns Mount
- •HDFC Bank shares extended losses for a third straight session after a ₹1,756 crore block deal.
- •Approximately 1.84 crore shares (0.10% of equity) were traded at ₹950 apiece.
- •Investor concerns over the bank's high Loan-to-Deposit Ratio (LDR) of nearly 99% are driving the decline.
- •Market worries persist about deposit mobilization and balance sheet normalization post-HDFC Ltd merger.
- •Shares were down nearly 2% on Wednesday, marking a 5.5% drop over three sessions.
Why It Matters: HDFC Bank shares extend losses due to block deal and LDR concerns post-merger.
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