Corporate loan share to be 25% over the next two years: Edelweiss

Corporate credit exposure reduced by Rs 1,050 crore on sell-down of loans to completion financing fund

To revamp its lending book profile, Edelweiss Financial Services will review its corporate business. It will step up share of retail credit business to 75 per cent and cut corporate loan share to 25 per cent over the next two years. 

After a detailed review, the group plans to update the expected credit loss model, which will likely help it get the detailed picture of asset quality to stakeholders and prospective investors. Such review will also be beneficial to expedite the sell-down of corporate credit book, it said in a filing after the announcement of third quarter results last week. Retail