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.
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 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.
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 biggest private bank said gross advances, or loans sanctioned and disbursed, rose 1.
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 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 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 says sequential rise in deposits outpaced loan growth in Q2
Deposits rose 5.1 per cent from the previous quarter to Rs 25 trillion, after no sequential change in April-June
Top private banks’ Q2 biz updates see higher deposit growth than credit
Top private banks have started posting higher deposit growth than credit in the quarter ending September 2024, according to provisional Q2FY25 business updates reported by lenders to exchanges. The trend has reversed after a period of at least two years.
Banks post higher Q2 deposit growth print than credit growth, reversing two year trend
Several private sector banks in India saw deposit growth outpace credit growth in the September quarter. HDFC Bank, Yes Bank, and CSB Bank reported notable increases in their deposit bases. Meanwhile,
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.
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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 ...