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 710.20
ICICI Bank 1341.60
Axis Bank 1248.50
Kotak Mahindra Bank 431.25
Indusind Bank 906.95
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