Banking Sector

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%.

In December, Warburg Pincus sold a 1.3% interest in the private lender to Cloverdell Investment for ₹790 Crore in an open market deal.