subject: HDFC: 23 % rise in Q1 2010 [print this page] HDFC: 23 % rise in Q1 2010 HDFC: 23 % rise in Q1 2010
Going ahead, HDFC may not find it difficult to keep its growth momentum intact. This is because a gradual improvement in the domestic economy is expected to propel commercial banks into unsecured lending such as HDFC credit cards where yield is higher than the home loan segment. This may ease the competition in the mortgage industry helping the pure-play mortgage players such as HDFC.
