HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26%
8 months, 2 weeks ago

HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26%

Hindustan Times  

HDFC Bank said its gross advances at the end of the March quarter rose 1.6% to 25.08 trillion rupees from the December quarter. Gross advances at ₹16.14 lakh crore in the corresponding period of the previous financial year and rose over ₹24.69 lakh crore as of December 31, 2023, the bank informed. The private lender said that its domestic retail loans grew by around 108.9% over March 31, 2023 and around 3.7% or ₹43,700 crore over December 31, 2023. As of March 31, 2024, HDFC Bank’s deposits aggregated to ₹23.80 lakh crore- up 26.4% over ₹18.83 lakh crore reported at the end of corresponding quarter.

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