HDFC Bank has reported 57.7% rise in its gross advances to around Rs 23,545 billion as of September 30, 2023 (Q2FY24) as compared to Rs 14,933 billion as of September 30, 2022 and a growth of around 44.4% over Rs 16,300 billion as of June 30, 2023. Grossing up for transfers through inter-bank participation certificates and bills rediscounted, the Bank’s advances grew by around 60.0% over September 30, 2022 and around 43.0% over June 30, 2023.
The Bank’s deposits aggregated to around Rs 21,730 billion as of September 30, 2023, a growth of around 29.9% over Rs 16,734 billion as of September 30, 2022 and a growth of around 13.6% over Rs 19,131 billion as of June 30, 2023.
The Bank’s CASA deposits aggregated to around Rs 8,175 billion as of September 30, 2023, a growth of around 7.6% over Rs 7,597 billion as of September 30, 2022 and around 0.6% over Rs 8,130 billion as of June 30, 2023. The Bank’s CASA ratio stood at around 37.6% as of September 30, 2023, as compared to 45.4% as of September 30, 2022, and 42.5% as of June 30, 2023.
HDFC Bank is one of India’s premier banks providing a widerange of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.
Company Name | CMP |
---|---|
HDFC Bank | 1789.80 |
ICICI Bank | 1296.00 |
Axis Bank | 1076.55 |
Kotak Mahindra Bank | 1746.65 |
Indusind Bank | 935.00 |
View more.. |