HDFC Bank's deposit growth at 20% yoy in Q1FY19 - Highlight Investment Research

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Monday 9 July 2018

HDFC Bank's deposit growth at 20% yoy in Q1FY19


HDFC Bank
HDFC Bank’s advances aggregated to ~Rs7.08lakh cr as of June 30, 2018, as compared to Rs5.81lakh cr as of June 30, 2017, and Rs6.5lakh cr as of March 31, 2018.

The bank deposits, meanwhile, aggregated to ~Rs8.06lakh cr as of June 30, 2018, compared to Rs6.71lakh cr as of June 30, 2017, and Rs7.89lakh cr as of March 31, 2018.

The bank’s CASA ratio at June-end of 2018 stood at ~41% compared to 44% as of June 30, 2017, and 43.5% as of March 31, 2018.

During the quarter ended June 30, 2018, the bank purchased loans aggregating Rs9,700cr through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation (HDFC) Ltd.

HDFC Bank share price is currently at Rs2,126.60, up Rs12.55, or 0.59%, from its previous close of Rs2,114.05 on the BSE.



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