Rush Into Retail

Declining spreads in corporate lending is forcing banks to expand their retail portfolio. What is the impact on bottomline?

In the banking industry, small is definitely big. After years of playing second fiddle, the retail arena is serving up some of the most exciting drama in the sector today.

Among the first to sense the tremendous opportunity in retail banking have been newly minted private banks like ICICI Bank and HDFC Bank. Offering everything from personal loans and investment advisory services to credit cards, they