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INDIAN HOTELS - MD & CEO Rakesh Sharma Resigns Due To Personal Reasons Effective Sept 30 EARNINGS REPORT - Divi's Labs To Pay Dividend Of Rs 10/Share

What Has HDFC Bank Done Right?

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September 16: How has HDFC managed to escape large defaults and keep a tab on its NPA situation? HDFC Bank’s Aditya Puri explains this by saying, “We have well defined target markets, our credit criteria are very good and we have a very strong risk committee.” With prudent lending, the demand for financial services in India exceeds supply, he says, pointing out that a right market, proper credit procedures and quick execution has worked for the bank.