HDFC Bank Ltd.

BSE: 500180 | NSE: HDFCBANK
Large Cap | Bank - Private
911.80
-4.45 (-0.49%)
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HDFC Bank’s advances rise 15% in Q2FY22

Date: 05-10-2021

HDFC Bank’s advances aggregated to approximately Rs 11,985 billion as of September 30, 2021 (Q2FY22), a growth of around 15.4% over Rs 10,383 billion as of September 30, 2020 and a growth of around 4.4% over Rs 11,477 billion as of June 30, 2021. The Bank’s deposits aggregated to around Rs 14,060 billion as of September 30, 2021, a growth of around 14.4% over Rs 12,293 billion as of September 30, 2020 and a growth of around 4.5% over Rs 13,458 billion as of June 30, 2021.

Retail deposits grew by around 17.5% over September 30, 2020 and around 4.0% over June 30, 2021; wholesale deposits grew by around 2.0% over September 30, 2020 and around 5.5% over June 30, 2021. The Bank’s CASA deposits aggregated to around Rs 6,580 billion as of September 30, 2021, a growth of around 28.6% over Rs 5,115 billion as of September 30, 2020 and growth of around 7.6% over Rs 6,118 billion as of June 30, 2021. The Bank’s CASA ratio stood at around 47% as of September 30, 2021, as compared to 41.6% as of September 30, 2020 and 45.5% as of June 30, 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.