HDFC Bank to hawk its Rs 1 trillion builder loan book to avert a crisis

Frustrated in its attempts to drum up deposits to bring down its alarming credit-deposit ratio, the private sector lender is left with no option but to put its legacy loan book on the block. Will it find takers?

25 July, 20249 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

Limited time offer $125 $99 for 1 year

SUBSCRIBE
Already have an account? Sign In

You may also like

Business
Story image

Prashant Kumar takes spring-cleaning route to profitability

The Yes Bank CEO ushers in a spate of changes in the retail banking business to stem its loss-making streak.

Business
Story image

Exclusive: SBI MF dusts off plans for a mega IPO

SBI is in discussions with its French partner on the contours of a near Rs 20,000-crore listing of the mutual fund house. But challenges in the form of a unique shareholder agreement and the recent poor performance of the AMC could derail plans.

Business
Story image

ICICI Bank is beating the leader at its own game

The Sandeep Bakhshi-helmed private lender has moved swiftly to grab a bigger slice of the corporate loan action, posing a threat to what was once HDFC Bank’s bastion.