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HDFC Bank's advances at Rs. 11,985 billion a of Sep 30, 2021



Posted On : 2021-10-05 15:22:18( TIMEZONE : IST )

HDFC Bank's advances at Rs. 11,985 billion a of Sep 30, 2021

The Bank's advances aggregated to approximately ₹ 11,985 billion as of September 30, 2021, a growth of around 15.4% over ₹ 10,383 billion as of September 30, 2020 and a growth of around 4.4% over ₹ 11,477 billion as of June 30, 2021.

As per the Bank's internal business classification, retail loans grew by around 13.0% over September 30, 2020 and around 5.5% over June 30, 2021; commercial & rural banking loans grew by around 27.5% over September 30, 2020 and around 7.5% over June 30, 2021; and other wholesale loans grew by around 6.0% over September 30, 2020 and were lower by around 0.5% over June 30, 2021.

The Bank's deposits aggregated to approximately ₹ 14,060 billion as of September 30, 2021, a growth of around 14.4% over ₹ 12,293 billion as of September 30, 2020 and a growth of around 4.5% over ₹ 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 approximately ₹ 6,580 billion as of September 30, 2021, a growth of around 28.6% over ₹ 5,115 billion as of September 30, 2020 and growth of around 7.6% over ₹ 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.

During the quarter ended September 30, 2021, the Bank purchased loans aggregating ₹ 71.32 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation Limited.

The above information is subject to an audit by the statutory auditors of the Bank.

Shares of HDFC Bank Ltd. was last trading in BSE at Rs. 1585.3 as compared to the previous close of Rs. 1582.55. The total number of shares traded during the day was 239337 in over 8786 trades.

The stock hit an intraday high of Rs. 1601 and intraday low of 1583.15. The net turnover during the day was Rs. 380188693.

Source : Equity Bulls

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