HDFC Bank: The bank announced a 55.4% year-on-year (YoY) increase in gross advances, reaching ₹25.08 lakh crore as of March 31, 2024. This is a significant rise from the ₹16.14 lakh crore reported as of March 31, 2023. On a sequential basis, the bank’s advances grew by 1.6%, from ₹24.69 lakh crore in December 2023. The bank also reported substantial growth in its domestic retail loans, with a YoY increase of approximately 108.9% and a quarter-on-quarter (QoQ) increase of around 3.7%. In Q4FY24, HDFC Bank’s deposits totaled approximately ₹23.80 lakh crore, marking a YoY increase…
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Stocks to Watch: HDFC Bank, Dabur, Hero MotoCorp, Prestige Group, RBL Bank
