HDFC Bank Ltd.

HDFC Bank has reported around 19.5% rise in its advances to around Rs 15,070 billion as of December 31, 2022 as compared to Rs 12,609 billion as of December 31, 2021 and a growth of around 1.8 % over Rs 14,799 billion as of September 30, 2022. Gross of transfers through inter-bank participation certificates and bills rediscounted, the Bank’s advances grew by around 23.6% over December 31, 2021 and around 3.3% over September 30, 2022.

The Bank’s deposits aggregated to around Rs 17,335 billion as of December 31, 2022, a growth of around 19.9% over Rs 14,459 billion as of December 31, 2021 and a growth of around 3.6% over Rs 16,734 billion as of September 30, 2022. Retail deposits increased by around Rs 670 billion during the quarter, and grew by around 21.5% over December 31, 2021 and around 5.0% over September 30, 2022; wholesale deposits grew by around 11.5% over December 31, 2021 and were lower by around 2.5% over September 30, 2022.

The Bank’s CASA deposits aggregated to around Rs 7,630 billion as of December 31, 2022, a growth of around 12.0% over Rs 6,812 billion as of December 31, 2021 and a growth of around 0.4% over Rs 7,597 billion as of September 30, 2022.

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.