Banking Sector

The approval of the Reserve Bank of India and the Department of Financial Services, Government of India, is mandatory for the same.

In FY24, gold loan assets increased by ₹11,003 Crore, or 18%. Gold loan assets climbed by ₹3,657 Crore, a 5% increase over Q4FY23.

In Q4FY24, disbursements increased by 11% to ₹6,681 Crore, while yearly disbursements grew by 17% to ₹23,389 Crore.

The bank's standalone Return on Assets (ROA) for FY24 was 2.61%, while in Q4 it was 2.97%. The Return on Equity (ROE) for FY24 was 15.34%.

Banerjee stated that the bank currently has no intentions to make more investments in AIFs. The lender had set aside ₹627 Crore for AIF investments.

Its net interest margin (NIM) was 4.26%, compared to 4.28% in Q4 FY23 and 4.29% in Q3 FY24.

According to Basel-III rules, the bank's overall capital adequacy ratio was 18.8% in Q4, compared to 19.3% in the equivalent quarter of FY23.

During the same time, the consolidated net liquidity surplus was at ₹15,700 Crore, and the deposits book increased to ₹60,100 Crore from ₹44,666 Crore.

While the bank's deposits and advances grew steadily, the CASA (current account savings account) ratio fell slightly to 37.9%, down from 38.5% QoQ and 40.1% year-on-year.

Domestic retail loans at HDFC Bank increased 108.90% year-on-year, while commercial and rural banking loans increased by 24.60%.