Wednesday, July 6, 2022

IDBI's loan book well-balanced now, aim to keep retail at 60%: CEO Rakesh Sharma

IDBI always had more corporate exposure but since PCA (prompt corrective action) was imposed, partly due to force and partly by choice, we shifted to retail; as a result, we are now 63% retail on the asset side. Home loans and loans against properties make up 37% of our loan book, chief executive Rakesh Sharma says.

from Banking/Finance-Industry-Economic Times https://ift.tt/rL8jPXk

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