HDFC Bank's Average Advances Under Management Rise 8% in June Quarter

MT Newswires Live
07-04

HDFC Bank (NSE:HDFCBANK, BOM:500180) booked an 8.3% year-on-year rise in average advances under management to 27.4 trillion Indian rupees in the quarter ended June 30, according to a Friday filing.

Gross advances at the end of June stood at 26.5 trillion rupees, up 6.7% year on year, the filing said.

Average deposits grew 16% to 26.6 trillion rupees, with time deposits rising 22% from a year ago period, it added.

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