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HDFC Bank Sees Challenge To Growth From Loan Prepayments
HDFC Bank Ltd, which has a relatively low level of stressed loans, sees loan prepayments as a larger challenge.
30 Mar 2021, 08:55 AM IST
Large corporations paying their dues ahead of time — a change brought on by lower interest rates and forced pandemic savings — is proving to be a challenge for growth for India’s largest private lender.HDFC Bank Ltd, which has managed to keep stressed loans low before and during the crisis, sees loan prepayments as a larger challenge, said Rahul Shukla, group head for wholesale banking, at the lender. “There are no undue asset qualit...
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