City
Epaper

HDFC Bank advances up 21 pc at Rs 10 lakh crore by Q1-end

By ANI | Updated: July 4, 2020 19:55 IST

Private sector lender HDFC Bank on Saturday reported 21 per cent growth in its advances which totalled Rs 10.04 lakh crore on June 30 as compared to Rs 8.29 lakh crore a year ago and Rs 9.93 lakh crore on March 31.

Open in App

Private sector lender HDFC Bank on Saturday reported 21 per cent growth in its advances which totalled Rs 10.04 lakh crore on June 30 as compared to Rs 8.29 lakh crore a year ago and Rs 9.93 lakh crore on March 31.

The bank's deposits aggregated to Rs 11.89 lakh crore on June 30, marking a growth of 25 per cent from Rs 9.54 lakh crore on June 30 last year and Rs 11.47 lakh crore on March 31 this year, it said in regulatory filings at stock exchanges.

The CASA (current account savings account) ratio stood at about 40 per cent on June 30 this year as compared to 39.7 per cent on June 30 last year and 42.2 per cent on March 31 this year.

During the quarter ended June 30, the bank purchased loans aggregating Rs 1,376 crore through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation (HDFC).

 

( With inputs from ANI )

Tags: Hdfc BankHousing development finance corporationHdfc bank ltdHdfc ltdHdfc bank debitBank ltd
Open in App

Related Stories

Social Viral‘You Cannot Wash Your Hands’: NCIB Slams HDFC Bank for Denying Woman Telecaller Was Its Employee After Viral Abuse Audio

NationalHDFC Bank Employee Dies of Cardiac Arrest During Client Meeting Prep; Wife Blames Work Pressure

NationalAfter EY Employee's Death in Pune, HDFC Bank Staff Member in Lucknow Dies Due to Work Pressure

BusinessHDFC UPI Down: HDFC Bank Announces UPI Service Outage for System Maintenance on August 4

NationalCredit Card Rules Changed by SBI, HDFC, and Other Banks From July 1: What You Should Know Before Use

Business Realted Stories

BusinessCommerce Secretary calls for diversification, innovation and value addition in coffee sector

Business'Festive booster': Centre releases tax devolution of Rs 1,01,603 crore to state govts

BusinessCEA Nageswaran lays thrust on long-term savings as India's elderly population increases

BusinessHimachal's heritage & economy to get boost from GST reforms

BusinessCoffee exports from India have doubled in recent years: Commerce Secretary