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Cautious about growing HDFC's non-individual loan book: CEO Keki Mistry

I think a lot of NBFCs are still struggling for liquidity and have been meeting the liability requirement by selling loans, says Keki Mistry

Keki Mistry, vice-chairman and CEO, Housing Development and Finance Corporation (HDFC)
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Keki Mistry, vice-chairman and CEO, Housing Development and Finance Corporation (HDFC)

Nidhi Rai
On the back of income from sale of investment, dividend and reduction in tax rate, HDFC Ltd reported healthy numbers for the quarter ended September 2019. Even though the asset quality continued to remain broadly steady, Keki Mistry, VC & CEO, HDFC Ltd told Nidhi Rai that the housing financier is cautious about growing the non-individual loan book and linking lending rates to external benchmarks could be very risky.

What is the corporate loan book looking like and what is the outlook?

We have always said that we look at our business in two separate segments, one is individuals where