For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

HDFC Twins Gain Upto 5% On Positive Q2 Update

|

On Tuesday, shares of Housing Development Finance Corp Ltd rose close to 5 percent to a high of Rs 1,874.25 and shares of HDFC Bank climbed 2.4 percent to Rs 1,141, a seven-month high, after the two financial institutions provided their quarterly update ahead of the Q2 earnings results.

HDFC Twins Gain Upto 5% On Positive Q2 Update
 

HDFC Bank Q2 Update

  • Advances aggregated to approximately Rs 10,370 billion as of 30 September 2020, that is around 16% higher than Rs 8,970 billion as of 30 September 2019 and 3% higher Rs 10,033 billion as of 30 June 2020.
  • Deposits aggregated to approximately Rs 12,290 billion as of 30 September 2020: around 20% growth when compared to Rs 10,216 billion as of 30 September 2019 and around 3% higher from Rs 11,894 billion as of 30 June 2020.
  • CASA ratio stood at around 42% as of 30 September 2020 against 39.3% as of 30 September 2019 and 40.1% as of 30 June 2020.
  • During the July-September quarter, HDFC Bank purchased loans aggregating Rs 30.26 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation Limited.

Housing Development Finance Corp (HDFC) Q2 Update

Read more about: hdfc hdfc bank
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X