HDFC Bank to keep home loans as focus of growth strategy post merger
1 year, 6 months ago

HDFC Bank to keep home loans as focus of growth strategy post merger

The Hindu  

HDFC Bank Ltd. will keep home loans at the centre of its growth strategy after a merger with HDFC Ltd. is concluded, with such credit likely to make up nearly a third of the bank's portfolio going forward, two senior officials at the group said. The pace of growth in home loans will broadly mirror growth seen in HDFC's home loan portfolio, the first official said, declining to be identified as strategy discussions are not public. The first official added that credit decisions for home loans will roll into the bank's broader credit department. HDB Financial, HDFC Bank's non-bank lending arm, will continue as a separate entity and move towards a listing before 2025, the first official said.

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