HDFC Bank Q2 Update: Deposits jump 15% YoY, advances under …
WEB2 days ago · HDFC Bank on Friday posted a 15% YoY jump in its deposits at Rs 25 lakh crore for the second quarter ended September 2024 as part of its quarterly update while the bank’s advances under management jumped 8%. The Bank’s advances under management were reported at Rs 26.33 lakh crore as of September 30, 2024 against Rs 24.37 lakh crore for the quarter ended September 2023.
India's top private lender HDFC Bank says Q2 deposit growth …
WEB2 days ago · Deposits rose 5.1% from the previous quarter to 25 trillion rupees, after no sequential change in April-June. Aggregate low-cost current account and savings account deposits rose 2.3%. HDFC Bank ...
HDFC Bank shares Q2 update, says deposit growth outpaces loans
WEB2 days ago · Deposits grew 5.1% in Q2, reversing previous flat growth. HDFC Bank has reported that deposit growth in the second quarter outpaced its loan growth, marking a shift in its financial momentum. 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. ...
HDFC Bank's deposit growth outpaces credit in Q2, helping meet …
WEB2 days ago · HDFC Bank’s current account savings deposits stood at Rs 8.83 trillion in Q2 FY25, up around 8 per cent Y-o-Y. Such deposits are up 2.3 per cent compared to Q1 FY25. Its time deposits stood at Rs 16.16 trillion in Q2 FY25, 19.3 per cent higher than the same period last year, and 6.7 per cent higher than the previous quarter, reflecting ...
HDFC Bank Q2 advances surge 7% to ₹25.19 lakh cr, deposits up …
WEB2 days ago · The bank’s deposits were ₹25 lakh crore in Q3, a growth of around 15.1% over ₹21.72 lakh crore in the year-ago period, and a growth of around 5.1% over ₹23.79 lakh crore in the previous quarter. The bank’s CASA deposits grew 8% YoY to ₹8.83 lakh crore as of September 30, 2024. The growth was around 2.3% over ₹86.36 lakh crore as ...
HDFC Bank Q2 Results Highlights: Net profit at - Mint
WEBOct 16, 2023 · HDFC Bank Q2 net profit is estimated to rise 53.6% YoY to ₹ 16,292.5 crore, while net interest income (NII) may grow 40.6% YoY to ₹ 29,552.5 crore.
HDFC Bank Q2 Results LIVE Updates: NII, provisions, deposit …
WEBOct 16, 2023 · HDFC Bank Q2 Results LIVE Updates: HDFC Bank, India's largest private lender, posted a standalone net profit of 159.76 billion rupees ($1.92 billion) for the July-September quarter, it said on Monday. The standalone numbers do not include the business of the bank's subsidiaries.
HDFC Bank Q2 Results: Profit soars 51% YoY to Rs 15,976 crore, …
WEBOct 16, 2023 · HDFC Bank Q2 earnings: Net profit at Rs 16,811 cr, net interest margin narrows. MUMBAI - HDFC Bank Ltd on Monday reported a 51% year-on-year (YoY) rise in net profit for the quarter ended September 2023 to Rs 15,976 crore, beating an ET Now poll of Rs 14,800 crore.
HDFC Bank says sequential rise in deposits outpaced loan growth in Q2
WEB2 days ago · HDFC Bank merged with parent HDFC in July 2023, with the deal adding a large pool of loans to its portfolio, but a much smaller amount of deposits. As a result, the bank's loan-to-deposit ratio (LDR) rose to around 110 per cent after the merger, putting it under pressure to increase the pace at which it raises deposits or to slow loan growth.
HDFC Bank Q2 results: Net profit jumps 50% to Rs 15,976 crore; …
WEBOct 16, 2023 · HDFC Bank, the country's largest private lender, witnessed strong growth in the second quarter, with net profit rising nearly 51 per cent year-on-year (YoY) to Rs 15,976 crore. The bank's net revenue grew 33.1 per cent to Rs 38,093 crore in Q2FY24, up from 28,617 crore in the same quarter a year ago.