Significant growth in loan book while continuing to improve credit quality.

Bank level net advances closed at Rs. 646 billion at Dec'21, growing by a strong 22% over Dec'20. Led by the Corporate Banking Group (CBG), the domestic loan book grew by 20% year on year, closing at Rs. 517 billion at Dec'21. The consumer portfolio recorded a growth of 7% over last year, as the Bank maintained its momentum within the secured autos segment. The Bank also expanded within the SME and rural banking space, as the portfolio recorded an increase of 13% over the previous year, by creating...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT