HDFC Bank says personal loan portfolio clipping at 30%

HDFC Bank’s personal loans are growing by 30 per cent, courtesy a quick disbursement product launched recently, and delinquencies are also trending down, a senior official said today.

“Personal loans are growing at 30 per cent and there is a downward trend in delinquencies,” its head for unsecured loans Arvind Kapil told reporters, after launching an online loans against securities product.