The bank has eight domestic subsidiaries, one in the UK and another step-down subsidiary in the US. HDFC Bank: India’s most valuable lender, HDFC Bank, saw its retail loan disbursements plummet, but overall loan growth remained stable. The lender said its retail disbursements were down 30% from the previous quarter, which resulted in the outstanding retail loan book to contract 1% on a sequential basis. Tata Motors: The company on Monday said it plans to increase prices of its passenger vehicle range due to increase in input costs. Yes Bank: The lender’s loans and advances fell by a marginal 0.4% to ₹1.63 lakh crore by the end of June, data from the bank showed on Monday.

Source: Mint July 06, 2021 03:00 UTC