INSUBCONTINENT EXCLUSIVE:
loan growth.
The brokerage firm also slashed its 12-month target price to Rs 1,050 from Rs 1,500 earlier.
The scrip traded 3.33 per cent
reducing interest on savings deposits, which is not factored into UBS estimates.
Earlier, the private sector lender on April 6 reported a
healthy jump in deposit base for the March quarter, and announced a reduction in savings account rates for high value customers.
