Banking Sector

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.

According to certain reports, bank management reportedly encouraged ICICI Securities shareholders to provide screenshots of their vote results.

The Board also authorised issuing non-convertible taxable debentures worth ₹25 Crore through a private placement.