Excluding the impact of the merger with erstwhile [url]HDFC Limited[/url] in July 2023, the bank's gross advances grew by 14.9% over the previous year's June 30 figures.
Strong growth: HDFC Bank has reported robust growth in its financial metrics for the first quarter ended June 30, 2024, with a notable increase in deposits and advances.
As of June 30, 2024, the bank's gross advances stood at approximately Rs 24.87 lakh crore, marking a substantial growth of 53 per cent compared to Rs 16.3 lakh crore reported a year ago.
https://www.republicbiz.com/companies/e ... es-jump-53
Strong growth: HDFC Bank has reported robust growth in its financial metrics for the first quarter ended June 30, 2024, with a notable increase in deposits and advances.
As of June 30, 2024, the bank's gross advances stood at approximately Rs 24.87 lakh crore, marking a substantial growth of 53 per cent compared to Rs 16.3 lakh crore reported a year ago.
https://www.republicbiz.com/companies/e ... es-jump-53
Statistics: Posted by RepublicBiz — Thu Jul 04, 2024 1:24 pm