HDFC Bank's CASA ratio at 43% as of December 31, 2020

HDFC Bank's advances aggregated to approximately ₹10,820 billion as of December 31, 2020, a growth of around 16% as compared to ₹9,360 billion as of December 31, 2019 and a growth of around 4% as compared to ₹10,383 billion as of September 30, 2020.

The Bank's deposits aggregated to approximately ₹12,710 billion as of December 31, 2020, a growth of around 19% as compared to ₹10,674 billion as of December 31, 2019 and a growth of around 3% as compared to ₹12,293 billion as of September 30, 2020.

The Bank's CASA ratio stood at around 43% as of December 31, 2020, as compared to 39.5% as of December 31, 2019 and 41.6% as of September 30, 2020.

During the quarter ended December 31, 2020, the Bank purchased loans aggregating ₹70.76 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation Limited.

The above information is subject to a limited review by the statutory auditors of the Bank.

Shares of HDFC Bank Ltd was last trading in BSE at Rs.1426.2 as compared to the previous close of Rs. 1416.15. The total number of shares traded during the day was 301154 in over 12153 trades.

The stock hit an intraday high of Rs. 1430 and intraday low of 1408.75. The net turnover during the day was Rs. 427858732.

Source : Equity Bulls

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