HDFC Bank gears up to ramp up corporate loans. And how!
The bank increased its corporate loans by more than 10% year-on-year in the April-June quarter to about Rs 3.15 lakh crore. The majority of wholesale-banking advances comprise working capital loans. About four years ago, the book size was at about Rs 1 lakh crore for credit extended to corporates.
GyanDhan receives NBFC licence, aims to disburse Rs 650 crore in FY22The Delhi-based, digital-first company has already partnered companies including Great learning and various IAS institutions to offer interest-free education loans to prospective students wanting to pursue short-term courses.
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