Going big: A branch of the bank in India. It wants to focus on unsecured loans for salaried workers, vehicle loans and government businesses. — Bloomberg
MUMBAI: HDFC Bank Ltd, India’s largest private lender, plans to double the amount of loans it makes to retail borrowers over the next couple years as consumer demand ramps up from a pandemic-induced slowdown.
Uncertainty is declining and demand is improving as businesses seek to bolster growth after Covid-19, Arvind Kapil, the bank’s country head for retail assets, said in an interview.
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