The second largest bank of the country, HDFC bank has acquired the top position in the retail banking segment. It has replaced the ICICI Bank.

HDFC Bank has become the number one private retail bank now. According to the market experts, the recovery in demand and vigorous economic growth has propelled the bank to the number one spot. The bank has lent more car, home and two-wheeler loans to its customers.

After the economic crisis now people want to invest their money in such aspects and the bank has managed to hit these targets. The loan growth is spread across several segments of retail banking.

Automobile loans, commercial vehicles, personal and home loans, two-wheeler loans and credit cards have been the major loan product for HDFC Bank.

The Bank has lent around Rs 4,000 crore for the month of March this year. This Figure was almost the double of that of the lending figures of April in the year of 2009. HDFC Bank has lent Rs 1,300 crore in auto loans in, Rs 1,200 crore in home loans and Rs 400 crore in commercial vehicles loans.