HDFC Bank records 55.4% YoY growth in gross advances in Q4FY24
Bank’s advances inched up 1.6% from Rs 24.69 trillion at the end of December 31, 2023 (Q3 FY24).
Bank’s advances inched up 1.6% from Rs 24.69 trillion at the end of December 31, 2023 (Q3 FY24).
It was a wild, volatile and eventful week which got extended into Saturday as well. Expiry happened on February 29, which was a leap day and till that event was over, markets were trading in negative territory for the week.
Post this report, the shares of HDFC Bank gained nearly 1 per cent to Rs 1,424 per share on Friday.
Parivartan runs several social interventions across the state through its five pillars: Rural Development, Promotion of Education, Skill Training & Livelihood Enhancement, Healthcare & Hygiene, and Financial Literacy & Inclusion.
The country’s leading bank ranked 2nd in Advances and tops in MSME Advances.
The lender said the above measures shall be considered for lifting, upon satisfactory compliance with the major critical observations as identified by the RBI.
The lender said the above measures shall be considered for lifting upon satisfactory compliance with the major critical observations as identified by the RBI.
The company share price jumped 1.76 per cent to its one-year high of Rs 1,464 on the BSE.
Bank House, the corporate headquarters, was lit up over the weekend.
Net NPA ratio for the bank plunged to 0.17 per cent (Rs 1,756.08 crore) from 0.42 per cent (Rs 3,790.95 crore).