MoneyWorks4Me

HDFC Bank’s MSME loan book crosses Rs 15,000 crore mark in Gujarat

08 Nov 2019 Evaluate

HDFC Bank’s MSME loan book in Gujarat has crossed the milestone of Rs 15,000 crore. As of June 30, 2019, the bank’s Micro, Small, and Medium Enterprises book for Gujarat stands over Rs 15,000 crore. It is now the largest bank for MSMEs in the state with a market share of over 12%.

In the last 15 years in Gujarat, the Bank has supported over 10,000 such enterprises that form the engine of economic growth in more than 150 cities and towns covering 31 districts.

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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