Investors looking for safer bets on Dalal Street could consider HDFC Bank but they would be better off putting money in the stock in installments over the next few months. HDFC Bank has been among the top picks of mutual funds, but the absence of big foreign purchases has kept a lid on the stock price.
PNB Housing Finance targets 18–20% loan growth, bets on affordable segment
PNB Housing Finance anticipates strong loan portfolio expansion of 18-20 percent this fiscal year. The company aims to reach a significant loan book of one