iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

HDFC Bank soars after Q4 FY22 advances climb 21% YoY

4 Apr 2022 , 01:15 PM

As per the banks internal business classification, retail loans grew by around 15% over 31 March 2021 and around 5% over 31 December 2021; commercial & rural banking loans grew by around 30.5% over 31 March 2021 and around 10% over 31 December 2021; and corporate & other wholesale loans grew by around 17.5% over 31 March 2021 and around 11.5% over 31 December 2021.

HDFC Banks deposits aggregated to approximately Rs 15,59,000 crore as of 31 March 2022, registering a growth of around 16.8% over Rs 13,35,100 crore as of 31 March 2021 and a growth of around 7.8% over Rs 14,45,900 crore as of 31 December 2021. Retail deposits grew by around 18.5% over 31 March 2021 and around 6% over 31 December 2021; wholesale deposits grew by around 10% over 31 March 2021 and around 17% over 31 December 2021.

The banks CASA deposits aggregated to approximately Rs 7,51,000 crore as of 31 March 2022, a growth of around 22% over Rs 6,15,700 crore as of 31 March 2021 and a growth of around 10.2% over Rs 6,81,200 crore as of 31 December 2021. The banks CASA ratio stood at around 48% as of 31 March 2022, as compared to 46.1% as of 31 March 2021 and 47.1% as of 31 December 2021.

During the quarter ended 31 March 2022, HDFC Bank purchased loans aggregating Rs 8,117 crore through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation (HDFC).

HDFC Bank is one of Indias leading private bank. As of 31 March 2022, the bank added 563 branches during the current quarter, bringing the branch network to 6,342 branches as against 5,779 branches as at 31 December 2021 and 5,608 branches as at 31 March 2021.

The private sector banks net profit rose 18.08% to Rs 10,342.20 crore on 8.33% increase in total income to Rs 40,651.60 crore in Q3 December 2021 over Q3 December 2020.

Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.