Our headcount is down but we are adding branches: Paresh Sukthankar

Interview with Paresh Sukthankar

Sheetal Agarwal & Joydeep Ghosh  |  Mumbai 

HDFC Bank, the country's second largest in the private sector, has continued to impress the market with its numbers at a time when the sector is hit by the dual pressure of non-performing assets (NPAs) and slower credit growth. Paresh Sukthankar, deputy managing director, to Sheetal Agarwal & Joydeep Ghosh. Edited excerpts: The Reserve Bank of India (RBI) governor recently said that consolidation in public sector banks would help reduce the problem of NPAs. The larger issue of consolidation has been spoken about for some time and I don't think there is a lack of intention ...

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Our headcount is down but we are adding branches: Paresh Sukthankar

Interview with Paresh Sukthankar

HDFC Bank, the country's second largest in the private sector, has continued to impress the market with its numbers at a time when the sector is hit by the dual pressure of non-performing assets (NPAs) and slower credit growth. PARESH SUKTHANKAR, deputy managing director, to Sheetal Agarwal & Joydeep Ghosh. Edited excerpts:The Reserve Bank of India (RBI) governor recently said that consolidation in public sector banks would help reduce the problem of NPAs.The larger issue of consolidation has been spoken about for some time and I don't think there is a lack of intention there. The point that larger banks are probably better equipped in terms of negotiating, dealing with borrowers and resolving the bad debt issue is fair. Is there similar scope in the private sector space?While there is always potential for consolidation, the question is whether any such merger can move the needle substantially for private banks. In our case, the Centurion Bank of Punjab (absorption) added 20 per .. HDFC Bank, the country's second largest in the private sector, has continued to impress the market with its numbers at a time when the sector is hit by the dual pressure of non-performing assets (NPAs) and slower credit growth. Paresh Sukthankar, deputy managing director, to Sheetal Agarwal & Joydeep Ghosh. Edited excerpts: The Reserve Bank of India (RBI) governor recently said that consolidation in public sector banks would help reduce the problem of NPAs. The larger issue of consolidation has been spoken about for some time and I don't think there is a lack of intention ... image
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