Our headcount is down but we are adding branches: Paresh Sukthankar

Interview with Paresh Sukthankar

HDFC Bank, the country's second largest in the private sector, has continued to impress the market with its numbers at a time when the sector is hit by the dual pressure of non-performing assets (NPAs) and slower credit growth. Paresh Sukthankar, deputy managing director, HDFC Bank, talks to Sheetal Agarwal and Joydeep Ghosh. Edited excerpts:

The Reserve Bank of India Governor recently said that consolidation in public sector banks would help reduce the problem of non-performing assets. What is your view?

The larger issue of consolidation has been spoken about for some time and I don’t think there is lack of intention