MoneyWorks4Me

HDFC Bank’s advances rise 14% in Q1FY22

05 Jul 2021 Evaluate

HDFC Bank’s advances aggregated to approximately Rs 11,475 billion as of June 30, 2021 (Q1FY22), a growth of around 14.4% over Rs 10,033 billion as of June 30, 2020 and a growth of around 1.3% over Rs 11,328 billion as of March 31, 2021. The Bank’s deposits aggregated to approximately Rs 13,460 billion as of June 30, 2021, a growth of around 13.2% over Rs 11,894 billion as of June 30, 2020 and a growth of around 0.8% over Rs 13,351 billion as of March 31, 2021.

The Bank’s CASA deposits aggregated to approximately Rs 6,120 billion as of June 30, 2021, a growth of around 28.2% over Rs 4,774 billion as of June 30, 2020 and degrew by around 0.6% over Rs 6,157 billion as of March 31, 2021. The Bank’s CASA ratio stood at around 45% as of June 30, 2021, as compared to 40.1% as of June 30, 2020 and 46.1% as of March 31, 2021.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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