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The stock was under pressure recently amid continuous selling by foreign investors and expectations of a near-term decline in net interest margin (NIM), net worth, and asset quality after merging with parent company Housing Development Finance Corp
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https://www.moneycontrol.com/news/business/earnings/hdfc-bank-gains-for-second-session-after-recent-correction-risk-reward-turns-favourable-11480451.html
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