MUMBAI: HDFC Bank ’s retail portfolio may have borne the brunt of the impact of the coronavirus pandemic, analysts expect a recovery in business performance over the next few quarters as the macroeconomic situation improves. Analysts at Kotak Institutional Equities pointed out a few broad issues in the retail portfolio. Firstly, loan growth trends have started to accelerate but largely driven by business banking. Its 14% y-o-y loan growth is driven by 18% y-o-y for corporate and 10% y-o-y for retail. In the retail segment, HDFC Bank has witnessed a strong bounce-back in demand levels for unsecured, home loans and loans against property.

Source: Mint July 19, 2021 07:07 UTC