Biggest Indian bank ramps up corporate loans

India’s most-valuable bank is betting big on the nation’s businesses at a time when a slumping economy and souring loans have forced peers to retreat. HDFC Bank Ltd’s lending to large and small companies surged 63% over the two years through Dec 31 as India’s economy went from world-leading growth to its slowest expansion in six years.

from Times of India https://ift.tt/2U18z0D