HDFC Bank is bracing for the margin impact of repo rate-cutting cycle

As loans get repriced faster than deposits, with most of the loans being on the floating rate, investors have to brace themselves for a negative impact on net interest margin in the short term.

source https://www.livemint.com/market/mark-to-market/hdfc-bank-earnings-nim-nii-revenue-profit-interest-rates-repo-rate-rbi-rate-cutting-cycle-march-quarter-banking-11745141864158.html