Hdfc Bank (HDB) has released an update.
HDFC Bank has reported a robust year-over-year growth in gross advances by 55.4% to ₹25,080 billion, and a significant increase in deposits by 26.4% to ₹23,800 billion as of March 2024. The bank’s CASA deposits also rose by 8.7%, with the CASA ratio now standing at 38.2%. These figures, which include contributions from the merged entity HDFC Limited, underline the bank’s strong financial performance and expansion in the reported period.
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