The Covid-19 pandemic turned out to be watershed years for the lender’s wholesale lending enterprise, rising this wholesale e-book a lot sooner than retail
Subjects
HDFC | Retail
Kaizad Bharucha, govt director of HDFC Financial institution, who lately emerged as the best incomes banker in FY22, joined the personal sector lender in 1995 – a 12 months after it obtained regulatory approval to begin the banking enterprise. Within the first few years, HDFC Financial institution was principally engaged in wholesale banking. After about 5 years, the lender forayed into retail banking which grew to become — and stays — the financial institution’s driving power.
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First Revealed: Tue, August 16 2022. 18:27 IST