LARGE AND MID-SIZED private banks are going slow on growing their corporate loan book due to lower yields and are focusing on growing their higher yield generating retail loan book, senior bankers said.
"From a relationship point of view, we want all of these top corporates with us, but from a pricing point of view we have seen some disruption over the last few quarters and so we are not going to bid, we are not going to compete on pricing to win over these loans. We want these relationships, but not necessarily at bargain prices," said HDFC Bank CFO Srinivasan Vaidyanathan in a post-earnings call.
HDFC Bank's wholesale loan book grew 11% year-on-year (y-o-y) to ₹4.04 trillion as of June 30, but de-grew sequentially by 1-2%, the CFO said. Retail advances grew 18%y-o-y and 4% sequentially to ₹6.57 trillion as of June-end. Consequently, while the share of retail loans in overall advances increased to 47% as of June-end from 44% a year ago, that of wholesale loans decreased to 53% from 56% in the same period.
هذه القصة مأخوذة من طبعة July 24, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة July 24, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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