MoneyWorks4Me

HDFC Bank emerges as largest lender to MSMEs in Punjab

30 Dec 2019 Evaluate

HDFC Bank has emerged as the largest lender to MSMEs in Punjab. Its loan book in the state has touched Rs 8,921 crore as of September 30, 2019 and is now the largest bank for Micro Small and Medium Enterprises in the state with a market share of over 16%.

In the last 21 years in Punjab, the Bank has supported over 15,000 such enterprises that form the engine of economic growth in more than 150 cities and towns covering all 22 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 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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