General Announcement::Intimation

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFCBANK INR23B 8.1%N250322 - XS1794215696 - 8NPB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Jan-2023 15:01:52
Status
New
Announcement Sub Title
Intimation
Announcement Reference
SG230104OTHRBIWU
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Deputy Vice President
Description (Please provide a detailed description of the event in the box below)
We would like to intimate the following:

1) The Bank s advances aggregated to approximately 15,070 billion as of December 31, 2022, a growth of around 19.5 % over 12,609 billion as of December 31, 2021 and a growth of around 1.8 % over 14,799 billion as of September 30, 2022. Gross of transfers through inter-bank participation certificates and bills rediscounted, the Bank s advances grew by around 23.6% over December 31, 2021 and around 3.3 % over September 30, 2022.

As per the Bank's internal business classification, domestic retail loans grew by around 21.5% over December 31, 2021 and around 5.0% over September 30, 2022; commercial & rural banking loans grew by around 30.0% over December 31, 2021 and around 5.0% over September 30, 2022; and corporate & other wholesale loans grew by around 20.0% over December 31, 2021 and were lower by around 1.0% over September 30, 2022.

2) The Bank s deposits aggregated to approximately 17,335 billion as of December 31, 2022, a growth of around 19.9% over 14,459 billion as of December 31, 2021 and a growth of around 3.6% over 16,734 billion as of September 30, 2022.

Retail deposits increased by around 670 billion during the quarter, and grew by around 21.5% over December 31, 2021 and around 5.0% over September 30, 2022; wholesale deposits grew by around 11.5% over December 31, 2021 and were lower by around 2.5% over September 30, 2022.

3) The Bank s CASA deposits aggregated to approximately 7,630 billion as of December 31, 2022, a growth of around 12.0% over 6,812 billion as of December 31, 2021 and a growth of around 0.4% over 7,597 billion as of September 30, 2022. Retail CASA grew by around 14.4% over December 31, 2021 and around 1.4% over September 30, 2022. The Bank s CASA ratio stood at around 44% as of December 31, 2022, as compared to 47.1% as of December 31, 2021 and 45.4% as of September 30, 2022.




4) During the quarter ended December 31, 2022, the Bank purchased loans aggregating 88.92 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation Limited.


The above information is subject to a limited review by the statutory auditors of the Bank.

We request you to bring the above to the notice of all concerned.

Attachments

initial financial disclosure_Singapore 04jan2023.doc.pdf
Total size =113K