HDFC Bank Q2 Update: Gross advances rise 7% to ₹25.19 lakh crore, deposits jump 15% YoY
Update: HDFC Bank’s deposits grew 15.1% to ₹25.00 lakh crore in Q2FY25 from ₹21.73 lakh crore crore in Q2FY24. Deposit growth was around 5.1% from ₹23.79 lakh crore as of June 30, 2024.
India's top private lender HDFC Bank says Q2 deposit growth outpaces loan growth
India's biggest private lender HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth in the fiscal second quarter.
HDFC Bank's deposit growth outpaces credit in Q2, helping meet target
A recent report by Macquarie Research indicated that HDFC Bank's LDR, from a peak of approximately 110 per cent, has declined to 103.5 per cent | (Photo: Shutterstock) The country’s largest private sector lender had earlier indicated that it would grow its advances at a slower pace than deposits,
HDFC Bank shares Q2 update, says deposit growth outpaces loans
The bank's gross advances, or loans sanctioned and disbursed, rose by 1.3% to Rs 25.19 lakh crore in the quarter ending September, following a slight 0.8% decline in the previous quarter.
HDFC Bank Q2 business update: Advances rise 7%, deposits 15% up
HDFC Bank's total advances under management, which include loans securitised or sold, stood at ₹26.34 lakh crore by the end of September 2024.
HDFC Bank Q2 Update: Deposits jump 15% YoY, advances under management surge 8%
HDFC Bank reported a 15% year-on-year rise in deposits to Rs 25 lakh crore for the quarter ending September 2024. Advances under management increased by 8%, reaching Rs 26.33 lakh crore. Gross advances grew by 7% to Rs 25.
HDFC Bank Shares Vacillate, Move From Red To Green After Q2 Update
Now, according to some new reports, HDFC Bank Q2 Updates have thrown open some interesting numbers. The bank reported gross advances growth of 7 per cent at Rs 25.19 lakh crore as of September 30, 2024. This figure is greater than the one recorded on September 30, 2023, when the figure stood at Rs 23.54 lakh crore.
Q2: HDFC Bank records loan growth of 7% while deposits rise 15.4%
HDFC Bank on Friday said the bank has registered a 7% rise in loans. Private sector HDFC Bank on Friday said the bank has registered a 7% rise in loans to ₹25.19 lakh crore in the second quarter of this fiscal. The credit book was ₹23.54 lakh crore as of September 30 last year.
HDFC Bank shares slip post Q2 business update
The private lender said its gross advances grew 7 per cent for the September quarter, while deposits were up 15.1 year-on-year (YoY) for the same period.
HDFC Bank’s deposit growth outpaces credit for Q2 FY25
HDFC Bank’s deposit growth for the second quarter of the financial year (Q2 FY25) has outpaced its credit growth on a sequential basis.
HDFC Bank shares drop after Q2 update; key details
HDFC Bank said its gross advances aggregated to Rs 25,19,000 crore as of September 30, a growth of 7 per cent over Rs 23,54,600 crore as of September 30, 2023.
Indian lender HDFC Bank's gross advances rise 1.3% sequentially in Q2, deposits climb
Indian lender HDFC Bank's gross advances and deposits both rose in the second quarter, it said on Friday. The country's ...
HDFC Bank Records Loan Growth Of 7% While Deposits Rise 15.4% In Q2
Private sector HDFC Bank on Friday said the bank has registered a 7 per cent rise in loans to Rs 25.19 lakh crore in the ...
Q2 Results Season: TCS, Infosys, HDFC Bank, HDFC Life, Bajaj Auto, other blue chips to report earnings on these dates
Investors await the onset of a new earnings season for domestic cues on Dalal Street, with Tata Consultancy Services (TCS) ...