06 Nov, EOD - Indian

SENSEX 80378.13 (1.13)

Nifty 50 24484.05 (1.12)

Nifty Bank 52317.4 (0.21)

Nifty IT 42039.5 (3.99)

Nifty Midcap 100 57355.8 (2.21)

Nifty Next 50 71389.8 (2.28)

Nifty Pharma 22920.35 (1.14)

Nifty Smallcap 100 18906.1 (2.18)

06 Nov, EOD - Global

NIKKEI 225 39480.67 (2.61)

HANG SENG 20538.38 (-2.23)

S&P 5901.27 (1.96)


You are Here : Home > Research

20-Oct-2024

HDFC Bank

To grow loan book slower than the banking system in FY25, inline with the system in FY2026 and faster than system in FY2027


'

HDFC Bank conducted a conference call on 19 October 2024 to discuss the financial results for the quarter ended September 2024. Sashidhar Jagdishan, MD&CEO of the bank addressed the call:

Highlights:

The banking system liquidity has been improving over the last 2 months. However, the deposit rates remain elevated and steady as the credit growth continues to outpace the deposit growth in the system. The customer preference remains toward the time deposits preferably to lock-in at higher interest rates.

The bank has recorded strong 15% average deposit growth driven by retail branches contributing 85% of the deposits.

The bank aims to reduce the credit-deposit ratio faster than earlier expectations. The bank had earlier planned to take the credit-deposit closer to the level where standalone bank used to operate in the mid-80s in 4-5 years. Now, the bank is planning to reduce the credit deposit ratio to that level in 2 to 3 years.
<...



Pleaselogin & subscribe to view the full report.

More Reports
  • Company Logo

    (10-Feb-2023)

    Deepak Nitrite

    Plans capex of about Rs 1500 crore for FY23 and FY24

  • Company Logo

    (09-Feb-2023)

    Mayur Uniquoters

    Targets revenue of Rs 1000 crore in FY24

  • Company Logo

    (31-Jan-2023)

    Tega industries

    Capex plan is US$ 30-32 million for next three years

  • Company Logo

    (15-Dec-2021)

    ITC

    Company plans capex of Rs 10,000 crore over the next three years to create growth vectors

  • Results-Analysis   (20-Oct-2024)

    HDFC Bank

    Stable asset quality and margins, deposit growth sharply ahead of loan growth

  • Analyst Meet / AGM-Conference Call   (20-Oct-2024)

    HDFC Bank

    To grow loan book slower than the banking system in FY25, inline with the system in FY2026 and faster than system in FY2027

  • Analyst Meet / AGM-Conference Call   (21-Jul-2024)

    HDFC Bank

    Focused on stability of key metrics and reducing CD ratio

  • Results-Analysis   (21-Jul-2024)

    HDFC Bank

    Growth moderates, slight rise in margins