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
03-Apr-2023 19:25:40
Status
New
Announcement Sub Title
Intimation
Announcement Reference
SG230403OTHRNNYT
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 16,005 billion as of March 31, 2023, a growth of around 16.9 % over 13,688 billion as of March 31, 2022, and a growth of around 6.2 % over 15,068 billion as of December 31, 2022. Gross of transfers through inter-bank participation certificates and bills rediscounted, the Bank s advances grew by around 21.3% over March 31, 2022, and around 6.5 % over December 31, 2022.

As per the Bank's internal business classification, domestic retail loans grew by around 21.0% over March 31, 2022 and around 5.0% over December 31, 2022; commercial & rural banking loans grew by around 30.0% over March 31, 2022 and around 9.5% over December 31, 2022; and corporate & other wholesale loans grew by around 12.5% over March 31, 2022 and by around 4.5% over December 31, 2022.

2) The Bank s deposits aggregated to approximately 18,835 billion as of March 31, 2023, a growth of around 20.8% over 15,592 billion as of March 31, 2022 and a growth of around 8.7% over 17,332 billion as of December 31, 2022.

Retail deposits increased by around 1,067 billion during the quarter, and grew by around 23.5% over March 31, 2022 and around 7.5% over December 31, 2022; wholesale deposits grew by around 10.0% over March 31, 2022 and by around 15.5% over December 31, 2022.

3) The Bank s CASA deposits aggregated to approximately 8,360 billion as of March 31, 2023, a growth of around 11.3% over 7,510 billion as of March 31, 2022 and a growth of around 9.6% over 7,630 billion as of December 31, 2022. Retail CASA grew by around 12.5% over March 31, 2022 and around 7.5% over December 31, 2022. The Bank s CASA ratio stood at around 44.0% as of March 31, 2023, as compared to 48.2% as of March 31, 2022 and 44.0% as of December 31, 2022.

4) During the quarter ended March 31, 2023, the Bank purchased loans aggregating 93.40 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation Limited.

Attachments

SGX_FinInitialdisclosure3apr2023.pdf
Total size =569K