Hdfc Bank (HDB) has released an update.
HDFC Bank has reported a robust growth of 52.6% in gross advances, reaching ₹24,870 billion as of June 30, 2024, compared to the previous year. Deposits have also seen a significant increase of 24.4%, amounting to ₹23,790 billion, with time deposits rising by 37.7%. This financial growth includes the effects of HDFC Bank’s merger with HDFC Limited in July 2023, contributing to the bank’s expanding portfolio.
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