HDFC Bank records loan growth of 17 per cent at end of March

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Private sector lender HDFC Bank on Monday said it has recorded a 16.9 per cent increase in credit growth at Rs 16 lakh crore at the end of the March quarter...

The bank had an outstanding credit at Rs 13.6 lakh crore at the end of March 31, 2022, HDFC Bank said in a regulatory filing...

On a sequential basis, the bank posted a 6.2 per cent growth compared to the amount of Rs 15.06 lakh crore at the end of 2022 December quarter...

As per the banks internal business classification, domestic retail loans grew around 21 per cent compared to the end of March 2022 and about 5 per cent compared to the end of December 2022...

During the quarter ended March 2023, the bank purchased loans aggregating Rs 9,340 crore through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation Limited, the filing said...

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