HDFC Bank sees project finance business stagnant this year

India’s second largest private sector lender HDFC bank does not see project finance business scaling up in 2011-12. According to the bank’s executive director, this segment will not emerge as a major contributor to its corporate loan book. However, the lender is hopeful to post better loan book growth than the average industry growth.

July 20, 2011 / 11:14 IST

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Saikat Das
Moneycontrol.com

India's second largest private sector lender HDFC bank does not see project finance business scaling up in 2011-12. According to the bank

first published: Jul 19, 2011 08:28 pm

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