Poging GOUD - Vrij
Banks' unsecured loans grow at double-digit rate
The Morning Standard
|October 28, 2024
DESPITE persistent concerns raised by the banking regulator, the unsecured retail loan portfolios of banks have been growing but at a calibrated rate, early second quarter bank results show.
HDFC Bank, the largest private sector bank, reported a 10% growth in the unsecured loan portfolio in the September quarter. ICICI Bank, the second largest private sector bank, posted 17% growth in personal loans while 28% growth in credit card loans. Kotak Mahindra Bank saw its personal and consumer durables loan growing at 17%, while credit card loans grew at 15%.
Dit verhaal komt uit de October 28, 2024-editie van The Morning Standard.
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