HDFC Bank's balance sheet size increases to Rs 2,295,305 crore

16 Jan 2023 , 11:07 AM

HDFC Bank has announced that total balance sheet size of the Bank as of December 31, 2022 was Rs2,295,305 crore as against Rs1,938,286 crore as of December 31, 2021, a rise of 18.4%.

According to the financial report, total Deposits showed a robust growth and stood at Rs1,733,204 crore as of December 31, 2022, an increase of 19.9% over December 31, 2021. CASA deposits climbed by 12.0% with savings account deposits at Rs535,206 crore and current account deposits at Rs227,745 crore. Time deposits were at Rs970,253 crore, an increase of 26.9% over the corresponding quarter of the previous year, resulting in CASA deposits comprising 44.0% of total deposits as of December 31, 2022.

Further, total advances as of December 31, 2022 were Rs1,506,809 crore, an increase of 19.5% over December 31, 2021. Gross of transfers through inter-bank participation certificates and bills rediscounted, total advances rose by 23.6% over December 31, 2021. 

Domestic retail loans grew by 21.4%, commercial and rural banking loans grew by 30.2% and corporate and other wholesale loans grew by 20.3%. Overseas advances constituted 2.8% of total advances.

The Bank’s total Capital Adequacy Ratio (CAR) as per Basel III guidelines (including profits for the nine months ended December 31, 2022) was at 19.4% as on December 31, 2022 (19.5% as on December 31, 2021) as against a regulatory requirement of 11.7% which includes Capital Conservation Buffer of 2.5%, and an additional requirement of 0.2% on account of the Bank being identified as a Domestic Systemically Important Bank (D-SIB), the Bank informed.

Tier 1 CAR was at 17.2% as of December 31, 2022 compared to 18.4% as of December 31, 2021. Common Equity Tier 1 Capital ratio was at 16.4% as of December 31, 2022. Risk-weighted Assets were at Rs. 1,536,272 crore (as against Rs. 1,267,426 crore as at December 31, 2021).

At around 11:15 AM, HDFC Bank was trading at Rs1607.25 per share higher by 0.40% on the BSE.

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