Good show continues despite moderation in bank credit growth to the housing segment

Healthy growth in retail loans, stable margins, and steady asset quality, sum up the September quarter results for market leader Housing Development Finance Corporation (HDFC). The lender continued to put up a good show despite the moderation in bank credit growth to the housing segment in recent times. Retail loans (including sale of loans to HDFC Bank) have grown by 23 per cent in the latest...