What Has HDFC Bank Done Right?
  • Elizabeth George
  • Sep 16 2013

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.