Merger to boost fund flow to affordable housing, farm, MSMEs: HDFC Bank Chairman

HDFC Bank Chairman Atanu Chakraborty Friday said the larger balance sheet of the bank after the merger would offer to the national economy possibilities of higher credit growth, a larger bouquet of financial products and higher flows into affordable housing, agriculture and MSMEs.
As a consequence of the merger, the bank is poised to benefit from the addition of a market leading home loan product which can now be directly offered through the bank’s large network of branches, helping a greater number of people fulfil their aspirations to be home owners, Chakraborty said.
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