This addressed investors' concern over a high credit-deposit ratio.
The share of low-cost deposits current and savings account deposits (Casa) to total deposit of HDFC Bank improved to 38.2 percent at March end from 37.7 percent in December. Casa grew 8.7 percent year-on-year (Y-o-Y) to ₹9.09 trillion.
The bank's stock ended 3.06 percent higher at ₹1,527.90 as compared to the Sensex gain of 0.47 percent.
On a year-on-year basis, deposits grew by 26.4 percent to 23.8 trillion. The bank's stock came under pressure in the third quarter after deposits grew only 41,000 crore, which resulted in the credit-deposit ratio increasing to 110 percent.
この記事は Business Standard の April 05, 2024 版に掲載されています。
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この記事は Business Standard の April 05, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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