Is there more consolidation in store for HDFC Bank? Deepak Shenoy answers

I think they will take another quarter or a couple of quarters for this to consolidate. Plus, they have the spectre, both Kotak and HDFC Bank have the spectre of this new draft circular from the RBI which says that their sub-entities which are NBFCs which are lending in the same space, they should find a way to consolidate or perhaps lend through one entity