InvestorQ : How are HDFC Bank numbers expected to be for the fourth quarter ended March 2020 and do you see growth in business?
Priyanka N made post

How are HDFC Bank numbers expected to be for the fourth quarter ended March 2020 and do you see growth in business?

Answer
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NISHA Nayak answered.
5 months ago


HDFC Bank is yet to announce its numbers but its disclosure on loans and deposits is still encouraging. Advances aggregated to Rs.9.93 lakh crore as of March 31, marking a growth of 21% for the March quarter. HDFC Bank’s deposits grewn by 24% to Rs.11.46 lakh crore, in the March quarter. The CASA (current account saving account) ratio was almost flat at 42%. For the March quarter, HDFC bank had purchased loans aggregating Rs.5479 crore through direct assignment route from its parent HDFC.