HDFC Bank under Aditya Puri: From a start-up to an industry leader

The bank's bad loan net of provisions has been under 0.5% of its assets for a decade now, despite a 10x jump in its assets and 8x in its net interest income.

Topics
HDFC Bank | Aditya Puri | Banking sector

Krishna Kant  |  Mumbai 

HDFC Bank, under Aditya Puri, has been one of the biggest success stories of India Inc in the past two decades. He transformed a start-up in a sector dominated by state-owned banks into an industry leader At nearly Rs 6 trillion, HDFC Bank leads the industry in terms of market capitalisation and remains the most profitable by a long margin.

It accounts for nearly 8% of the combined m-cap of all Sensex firms, up from 2% on the eve of 2008 global financial crisis. HDFC Bank is credited with establishing retail lending and salary accounts in the country. Revenues from retail banking ...

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First Published: Tue, October 27 2020. 01:12 IST
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