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HDB Financial Targets Mid-Teen Loan Growth and Strong Margins
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CNBC TV18•19-10-2026, 11:57
HDB Financial Targets Mid-Teen Loan Growth and Strong Margins
- •HDB Financial Services expects business momentum to improve in the second half of the financial year driven by festive demand and seasonal trends.
- •The company is targeting mid-teen growth in assets under management while aiming to keep net interest margins above 8 percent.
- •Managing Director and CEO G. Ramesh noted that the company added 1.9 million new customers during the first half of the year.
- •The lender maintains a well-diversified portfolio across products and geographies, minimizing risks from regional weather disruptions or sector stress.
Key Questions Answered
HDB Financial Services expects mid-teen growth in its assets under management (AUM) and is focused on keeping its net interest margins (NIM) above 8% through interest rate cycles, with projections hovering around 8% to 8.1% over the next 18 months.
To protect profitability and maintain net interest margins above 8%, the company continues to reprice loans, adjust its asset mix, and optimize its borrowing profile using its pricing power.
Management stated there are no major worries regarding Maharashtra's lower rainfall because the company maintains a diversified pan-India portfolio, does not engage in direct agriculture lending as an NBFC, and relies primarily on secured rural lending with a flexible micro-market strategy.
