HDFC Bank revealed in an exchange filing that its advances had aggregated to approximately Rs 11,47,500 crores as of June 30, 2021, a growth of nearly 14.4 percent over Rs 10,03,300 crores as of June 30, 2020. The Bank further reported a growth of around 1.3 percent over Rs 11,32,800 crores as of March 31, 2021.
Among loan categories, retail loans grew by around 9.0 percent over June 30, 2020 and were lower by around 1 percent as compared to March 31, 2021. Furthermore, commercial and rural banking loans grew by around 25 percent over June 30, 2020 and around 4.0 percent over March 31, 2021.
The Bank’s deposits also grew to approximately Rs 13,46,000 crores as of June 30, 2021, a growth of around 13.2 percent over Rs 11,89,400 crores as of June 30, 2020, the filing said.
Retail deposits grew by around 16.5 percent over June 30, 2020 and around 3.5 percent over March 31, 2021 while wholesale deposits remained stable as compared to June 30, 2020, and were lower by around 10 percent as compared to March 31, 2021.
Meanwhile, the Current Account Saving Account (CASA) deposits grew by 28.2 percent and aggregated to approximately Rs 6,12,000 crores as of June 30, 2021. The Bank’s CASA ratio stood at around 45 percent as of June 30, 2021, as compared to 40.1 percent as of June 30, 2020 and 46.1 percent as of March 31, 2021.
During the quarter ended June 30, 2021, the Bank also purchased loans aggregating Rs 5489 crores through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation Limited.
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