The bank said HDFC Bank’s advances increased by around 14% ances 11.32 lakh crore by the end of March, while deposits were up 16% over ₹ 13.35 lakh crore, the lender said on Monday.
“The bank’s advance collected approximately ₹ 11.32 lakh crore as on March 31, 2021, an increase of 13.9% over ₹ 9.93 lakh crore by March 31, 2020, and an increase of 4.6% over 10.82 lakh crore. December 31 , On 2020, “HDFC Bank said in a filing. At the end of March 2021, domestic retail loans grew by about 7.5% and domestic wholesale loans grew by around 21% year-on-year, the private sector said. On the front, this year saw an increase of about 16.3% at ₹ 13.35 lakh crore.
The lender said that the deposits of CASA (current account and savings account) increased by about 27% to about Rs 6.15 lakh crore, which was a year ago.
The CASA ratio of the bank as on 31 March 2021 was around 46%, as compared to 42.2% as on 31 March 2020.
During the quarter ended 31 March 2021, the bank collected Rs 7,503 crore through a direct assignment route under a home loan arrangement with Housing Development Finance Corporation Limited.
These figures have been released for fair disclosure of unpublished price sensitive information in accordance with SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures.
HDFC Bank shares were trading down 2.32% at ₹ 1,451.95 on the BSE.
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