Virtual view: HDFC Bank home loans and much more

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Meanwhile, SBI drew flak from all quarters from industry and specially HDFC Bank which stated that such business stunts might do wonders to bank in short run, but in long run, there always exists a risk of defaults and bad debts which can hurt any lending institution. On the other hand, the new HDFC Bank home loans scheme was launched in market after the organisation was assured from liquidity side.

The organisation, apparently, also tightened their parameters to assess a loan applicant’s eligibility for availing the loan. This didn’t come as a surprise as the bank had already taken possible long term cons in account at the first