SEBI Reg. Investment Advisor

Download App

Help Center Pricing

Recent:

HDFC Bank reports 16% rise in advances during first quarter of FY24

HDFC Bank Ltd. | Bank - Private | BFSI | BSE: 500180 | NSE: HDFCBANK

05 Jul 2023 Evaluate

HDFC Bank has reported 15.8% rise in its advances to around Rs 16,155 billion as of June 30, 2023 (Q1FY24) as compared to Rs 13,951 billion as of June 30, 2022 and a growth of around 0.9% over Rs 16,006 billion as of March 31, 2023. Gross of transfers through inter-bank participation certificates and bills rediscounted, the Bank’s advances grew by around 20.2% over June 30, 2022 and around 1.9% over March 31, 2023.

The Bank’s deposits aggregated to around Rs 19,130 billion as of June 30, 2023, a growth of around 19.2% over Rs 16,048 billion as of June 30, 2022 and a growth of around 1.6% over Rs 18,834 billion as of March 31, 2023. Retail deposits increased by around Rs 380 billion during the quarter, and grew by around 21.5% over June 30, 2022 and around 2.5% over March 31, 2023; wholesale deposits grew by around 9.0% over June 30, 2022 and were lower by around 2.5% over March 31, 2023.

The Bank’s CASA deposits aggregated to around Rs 8,130 billion as of June 30, 2023, a growth of around 10.7% over Rs 7,346 billion as of June 30, 2022 and were lower by around 2.7% over Rs 8,360 billion as of March 31, 2023. Retail CASA grew by around 11.0% over June 30, 2022 and was lower by around 2.0% over March 31, 2023. The Bank’s CASA ratio stood at around 42.5% as of June 30, 2023, as compared to 45.8% as of June 30, 2022, and 44.4% as of March 31, 2023.

During the quarter ended June 30, 2023, the Bank purchased loans aggregating Rs 116.32 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation.

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.

HDFC Bank Share Price

799.90 4.40 (0.55%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
HDFC Bank	799.90
ICICI Bank	1347.50
Axis Bank	1359.15
Kotak Mahindra Bank	383.50
Indusind Bank	853.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

PROPRIETARY FRAMEWORK

Portfolio
Architecture >
Stock Picking.

Stop managing a collection of "tips." Access the ABC Framework to build a portfolio that survives cycles and compounds wealth.

Core for Stability

Booster for Alpha

Amplifier for Exponential Wealth

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Access Sapphire ABC Strategy →

Limited Capacity for New Fiduciary Partners

HDFC Bank reports 16% rise in advances during first quarter of FY24

MoneyWorks4Me Premium

Follow us at

MoneyWorks4Me

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.