MoneyWorks4Me

HDFC Bank to keep growing unsecured lending business going forward

26 Aug 2019 Evaluate

HDFC Bank is feeling the consumption story is still on and will keep growing the unsecured lending business going forward. The bank’s quality of credit card portfolio is not yet affected by the broader economic realities and the stressed part is half that of the industry average.

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 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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