HDFC Bank shares in focus after Q3 deposit growth outpaces loan growth by an extensive margin
HDFC Bank's deposit growth surpassed loan growth in the December 2024 quarter, with deposits increasing by 15.8% year-on-year and loans by 3%. Total gross advances stood at Rs 25.42 lakh crore, while deposits reached Rs 25.63 lakh crore. Retail loans grew by 10%, and corporate loans fell by 10.3%.