Signs that bank credit growth may be on an uptrend, private lenders HDFC bank It said its advance book grew by about 15.4% at the end of the September quarter, a proforma number released by the bank showed. The lender’s total debt stood at Rs 11.98 lakh crore and grew 4.4% sequentially.

According to the bank’s internal business classification, retail credit grew by about 13% over the September quarter of last year and 5.5% as compared to June. Commercial and rural banking loans grew by about 27.5% year-on-year at the end of September 2021 quarter, while other wholesale loans grew by about 6%.

HDFC Bank’s total deposits stood at Rs 14.06 lakh crore at the end of September 30, 2021, an increase of about 14.4% over September last year.

Retail deposits increased by about 17.5% while wholesale deposits increased by about 2%. Bank current and savings account (CASA) deposits of Rs 6.5 lakh crore, an increase of about 28.6% House As of September 30, 2021, the ratio was around 47%.

during the quarter HDFC The bank purchased a total loan of Rs 7132 crore through the direct assignment route under the home loan arrangement. Housing Development Finance Corporation Limited.