Aditya Puri says HDFC Bank to achieve pre-Covid-19 status after festive season

In a major development today, HDFC Bank Managing Director (MD) and Chief Executive Officer (CEO) Aditya Puri has said that the private lender will be able to achieve its pre-COVID-19 status soon. The bank has launched its Festive Treats 2.0 offers today and expects a significant boost from there too. Puri said that demand has grown in the FMCG, steel and auto sector and they are showing signs of recovery. However, overall, Puri said that it will take time for the entire industry to come back on track and attain pre-COVID-19 status.

Speaking today, Aditya Puri said, "HDFC Bank has been able to achieve high credit growth and after the end of festive season ahead, we can expect to attain the pre-COVID-19 status." The lender has collaborated with a majority of big brands in the festive treats 2.0 scheme. Puri assured about the grand success of HDFC Bank Festive Treats 2020 and said that customers can get up to 30 per cent discount in this festive treat.

See Zee Business Live TV streaming below:

On the impact of Covid 19 and how we should take it in stride, Aditya Puri, who is retiring next month, said, "We need to contain negativity caused by the COVID-19 pandemic spread and focus on the positives coming towards us as we have to live with this virus and move forward. We are witnessing surge in demand in the FMCG, steel and auto sector but for the entire industry, it will take some more time."