HDFC Bank, Hindustan Unilever Squeezed as Indian Middle Class Struggles

Jeffrey L. Klump January 16, 2025 1 minute read

HDFC Bank, Hindustan Unilever Squeezed as Indian Middle Class Struggles

Falling wages and high inflation in India will have dented earnings at HDFC Bank Ltd., Kotak Mahindra Bank Ltd. and Hindustan Unilever Ltd. as the lenders brace for an asset quality deterioration and consumer firms grapple with penny-pinching customers.

About The Author

Jeffrey L. Klump

I am 62 years old and widowed with 2 children. I live in Creve Coeur, MO. USA which is a suburb of Saint Louis. I am a Digital Marketer, Blogger, Writer, SEO Expert, and Work from Home Business Opportunity Specialist. I am the owner & administrator of the MEK Enterprises Blog. Please contact me if you have any questions. Thank you.

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