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Why are short-term investors favoring ICICI Bank over HDFC Bank?
ICICI Bank is currently favored by short-term investors over HDFC Bank due to its strong June quarter performance, marked by healthy profit growth and resilient margins. HDFC Bank faces post-merger challenges, including a high credit-deposit ratio, impacting investor sentiment. While ICICI Bank offers better near-term earnings visibility, HDFC Bank's long-term growth potential remains a key focus for investors.
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