Small Finance Banks Poised for 24% Surge: The Future Challengers to HDFC Bank’s Throne?

Small Finance Banks Poised for 24% Surge: The Future Challengers to HDFC Bank’s Throne?

The small finance bank (SFB) sector in India is experiencing significant growth, with loan books expanding at a compound annual growth rate (CAGR) of 20-25%. This growth is driven by lending to small businesses, housing, and vehicles, as well as an increase in deposit...