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Wallet companies in India

17 Feb 2017

Aditya Puri of HDFC Bank says wallet players have no future

In one of the sharpest comments against prepaid wallets like Paytm, HDFC Bank chief Aditya Puri today said such companies which hold on to customers through cash-backs are loss-making and have "no future".

17 Feb 2017

There is more room for lending rate cuts: HDFC Bank CEO Puri

Even though the RBI left the policy rates unchanged at the last policy meet citing upside risks to inflation, borrowers can expect lower rates going forward with second largest private lender HDFC Bank today saying there is more room for banks to lower lending rates.

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