Mumbai: HDFC Bank’s plan to raise 60,000 crore in infrastructure bonds and refrain from participating in a price war for deposit mobilisation will help it improve margins in the coming quarters, said analysts.Unlike the 1-lakh-crore infrastructure bonds India’s most-valued lender inherited from the parent HDFC Ltd, the proposed bonds will not attract statutory relief, the company officials said during the media call last Saturday, soon after declaring its fourth quarter results.Effectively, the bank will not be required to set aside cash reserve ratio (CRR) and statutory reserve ratio on the infrastructure bonds. HDFC Bank absorbed HDFC’s 1 lakh crore infra bonds following the…
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