HDFC Bank Ltd.

HDFC Bank’s average deposits were Rs 24,527 billion for the December 2024 quarter (Q3FY25), a growth of around 15.9% over Rs 21,171 billion for the December 2023 quarter, and around 4.2% over Rs 23,540 billion for the September 2024 quarter. 

The Bank’s average CASA deposits were Rs 8,176 billion for the December 2024 quarter, a growth of around 6.0% over Rs 7,711 billion for the December 2023 quarter, and around 1.1% compared to Rs 8,084 billion for the September 2024 quarter.

The Bank’s average time deposits were Rs 16,351 billion for the December 2024 quarter, a growth of around 21.5% over Rs 13,460 billion for the December 2023 quarter, and a growth of around 5.8% over Rs 15,456 billion for the September 2024 quarter, reflecting customer preference for time deposits.

The Bank’s average advances under management (advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation / assignment) were Rs 26,276 billion for the December 2024 quarter, a growth of around 7.6% over Rs 24,414 billion for the December 2023 quarter, and a growth of around 2.5% over Rs 25,639 billion for the September 2024 quarter.  

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.