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HDFC Bank Says Personal Loan Portfolio Clipping At 30%

HDFC Bank Says Personal Loan Portfolio Clipping At 30%

Wednesday, March 15, 2017, 8:36 PM

HDFC Bank's personal loans are growing by 30%, courtesy a quick disbursement product launched recently, and delinquencies are also trending down, its head for unsecured loans Arvind Kapil told, after launching online loans against securities product. He said the 10-second personal loan product launched last year is growing fast and now constitutes a fourth of the incremental demand or Rs. 500 crore per month.
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