In a Q4 update, private lender HDFC Bank Ltd announced that the bank’s advances aggregated to approximately Rs 11,320 billion as of March 31, 2021, a growth of around 13.9 per cent over Rs 9,937 billion as of March 31, 2020 and a growth of around 4.6 per cent over Rs 10,823 billion as of December 31, 2020.

As per regulatory (Basel 2) segment classification, domestic retail loans as of March 31, 2021 grew by around 7.5 per cent over March 31, 2020 and around 5.0 per cent over December 31, 2020; domestic wholesale loans as of March 31, 2021 grew by around 21.0 per cent over March 31, 2020 and around 4.5 per cent over December 31, 2020, the bank said.

The Bank’s deposits grew around 16.3 per cent at approximately Rs 13,350 billion as of March 31, 2021 as compared to Rs 11,475 billion year-on-year (YoY) and a growth of around 5 per cent quarter-on-quarter (QoQ). HDFC Bank’s CASA ratio stood at around 46 per cent as of March 31, 2021, as compared to 42.2 per cent as of March 31, 2020 and 43 per cent as of December 31, 2020.

During the quarter ended March 31, 2021, the bank purchased loans aggregating Rs 75.03 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation Limited (HDFC).