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HDFC Bank stops inventory finance for some Royal Enfield dealers: Report

25 Jul 2019 Evaluate

HDFC Bank has reportedly stopped inventory financing for some dealers of Eicher Motors’ Royal Enfield motorbikes as those dealers are well capitalised. These dealers have been communicated about the action.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 699.50
ICICI Bank 1385.25
Axis Bank 1209.00
Kotak Mahindra Bank 458.00
Indusind Bank 836.35
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