Hdfc Bank (HDB) has released an update.
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HDFC Bank has reported a solid 8% year-on-year growth in its advances under management, reaching ₹26,335 billion as of September 2024, alongside a significant 15.1% increase in deposits to ₹25,000 billion. The bank also saw a strategic securitization and assignment of loans amounting to ₹192 billion during the quarter. These positive financial trends reflect the bank’s robust operational performance in a dynamic market.
For further insights into HDB stock, check out TipRanks’ Stock Analysis page.
