InvestorQ : Is it true that HDFC Bank is planning to go aggressive on its retail loans portfolio?
Mitali Bhutta made post

Is it true that HDFC Bank is planning to go aggressive on its retail loans portfolio?

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3 months ago
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HDFC Bank will double its retail loans portfolio in next 2 years to capitalize on the economic recovery and revenge buying by consumers. Out of its total loan book of Rs.11.5 trillion, just about Rs.3.7 trillion is retail loans. The bank now proposes to double this to Rs.8 crore in the next 2 years. Its retail portfolio share fell from the erstwhile 55% to just 47% in FY21. The bank did see a larger than anticipated spike in bad loans in last quarter.

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