HDFC Bank Q 4FY24 updates
    HDFC Bank Q4FY24 Update: Gross advances up 55.4%

    HDFC Bank on Thursday announced that its gross advances as of March 31, 2024 aggregated to Rs 25,080 billion, increased by 55.4 per cent on-year in comparison to Rs 16,142 billion as of March 31, 2023
    HDFC Bank’s deposits aggregated to Rs 23,800 billion as of March 31, 2024, posting a growth of 26.4 per cent as against Rs 18,834 billion during the same period last year. It increased by 7.5 per cent (Rs 1,660 billion) over Rs 22,140 billion as of December 31, 2023.

    Retail deposits grew by 27.8 per cent over March 31, 2023 and by 6.9 per cent (Rs 1,280 billion) sequentially; and wholesale deposits grew by 19.4 per cent on YoY basis and by 10.9 per cent (Rs 380 billion) over December 31, 2023. CASA ratio stood at around 38.2 per cent as of March 31, 2024, as compared to 44.4 per cent as of March 31, 2023