Update: HDFC Bank’s deposits grew 15.1% to ₹25.00 lakh crore in Q2FY25 from ₹21.73 lakh crore crore in Q2FY24. Deposit growth was around 5.1% from ₹23.79 lakh crore as of June 30, 2024.

The country's biggest private bank said gross advances, or loans sanctioned and disbursed, rose 1.3% sequentially to 25.19 billion rupees ($300 million) in the quarter ended Sept. 30 following a 0.8% decline in the previous quarter. Deposits rose 5.1% from the previous quarter to 25 billion rupees, following no growth in April-June.

Retail loans grew by around Rs 33,800 crore while commercial and rural banking loans grew by around Rs 38,000 crore from a quarter earlier, HDFC Bank said

HDFC Bank’s deposit growth for the second quarter of the financial year (Q2 FY25) has outpaced its credit growth on a sequential basis.

India's biggest private lender HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth in the fiscal second quarter. The Mumbai-based bank's gross advances, or loans sanctioned and disbursed,

Private sector HDFC Bank on Friday said the bank has registered a 7 per cent rise in loans to Rs 25.19 lakh crore in the second quarter of this fiscal. The credit book was Rs 23.54 lakh crore as of September 30 last year.

HDFC Bank's total advances under management, which include loans securitised or sold, stood at ₹26.34 lakh crore by the end of September 2024.