HDFC Bank shares rise 3% as advances, deposits surge in Q4
The private lender’s advances and deposits grew by 16.9% and 20.8%, respectively, in Q4 FY23 as compared to the same period last year.
The private lender’s advances and deposits grew by 16.9% and 20.8%, respectively, in Q4 FY23 as compared to the same period last year.
The country’s largest private sector lender is scheduled to release its financial results for the quarter and full year ended March 31, 2023, on April 15.
HDFC Bank Q4 results: The lender’s gross bad loan as a percentage of gross advances dropped to 1.17%, while net NPA ratio too fell to 0.32% in March quarter of 2022.