'HDFC Bank conducted a conference call on 22 January 2025 to discuss the
financial results for the quarter ended December 2024. Sashidhar Jagdishan,
MD&CEO of the bank addressed the call:
Highlights:
The bank is progressing well on the journey of normalizing
CD ratio. The bank has recorded strong 16% growth in deposit gaining market
share, despite a challenging macro environment. The liquidity conditions
touched a peak deficit of Rs 2-2.5 lakh crore in Q3FY2025.
NIM of the bank has remained stable and rangebound, despite
headwind from tight liquidity.
The bank has added 1052 branches in the last 12 months, but
still managed to control cost very tightly with cost growth at 7% showing
productivity gains.
The bank has continued to maintain stable credit cost and
slippages, showing the strength of the institution.
The bank is placed robustly growing in line with given
commitment. It has sufficient liquidity w...
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