HDFC Bank Said to Mull Loan Portfolio Sale Amid Growth Scrutiny
- India’s biggest private lender in talks with state-owned banks
- RBI has flagged banks’ elevated credit-deposit gap as concern
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HDFC Bank Ltd. is mulling the sale of a loans portfolio, according to people familiar with the matter, amid heightened regulatory scrutiny on the nation’s lenders as their credit growth surges.
India’s biggest private sector bank has approached public sector lenders, non-banking finance companies as well as some insurance companies and asset managers about participating in the sale, said the people, who requested anonymity discussing private conversations.