HDFC Bank’s deposit growth outpaces credit for Q2 FY25
HDFC Bank’s deposit growth for the second quarter of the financial year (Q2 FY25) has outpaced its credit growth on a sequential basis.
HDFC Bank’s deposit growth for the second quarter of the financial year (Q2 FY25) has outpaced its credit growth on a sequential basis.
The RBI on Thursday released the 'Quarterly Basic Statistical Returns (BSR)-1: Outstanding Credit of Scheduled Commercial Banks (SCBs), December 2020'.
It had earlier estimated the banking industry's NPAs to surge to 11.5 per cent of the overall assets in FY21.
Kotak Mahindra Bank whole-time director and president Gaurang Shah said the retail, a low-cost liability base, is key sustenance factor of the banks.
Saddled with high bad debt and weak corporate demand, credit growth plunged to a whopping six-decade low of 5.08 per…
