Wednesday, May 27, 2020

10-15% moderation in salaries not to impact lending practice: HDFC Bank

A pent-up demand for vehicles and social distancing needs, coupled with the introduction of digital inputs to manage customer journey by banks will lead to a faster uptick in auto sales, which were sagging before the lockdown and came to a standstill in the last two months, the bank's country head for retail lending Arvind Kapil said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/10-15-moderation-in-salaries-not-to-impact-lending-practice-hdfc-bank/articleshow/76042256.cms

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