HDFC Bank rises as its total advances cross Rs 65000 crore landmark in Uttar Pradesh
HDFC Bank is currently trading at Rs. 1365.00, up by 9.55 points or 0.70% from its previous closing of Rs. 1355.45 on the BSE.
The scrip opened at Rs. 1352.60 and has touched a high and low of Rs. 1367.30 and Rs. 1323.90 respectively. So far 255734 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1724.30 on 18-Oct-2021 and a 52 week low of Rs. 1292.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 1440.00 and Rs. 1323.00 respectively. The current market cap of the company is Rs. 753937.01 crore.
The promoters holding in the company stood at 25.78%, while Institutions and Non-Institutions held 60.33% and 13.89% respectively.
HDFC Bank’s total advances in Uttar Pradesh have crossed Rs 65,000 crore. As of December 31, 2021, the bank’s advances in Uttar Pradesh stood at Rs 67,756 crore. Total advances include all loans offered by bank in the state - which include loans to Retail, Corporate, MSME, and Microfinance customers with major sector being MSME, Agri, Priority Sector lending & Consumer Loan.
With this, the bank is the largest private sector bank in Uttar Pradesh in Deposits and Advances with a market share in total advances at 8.66 per cent. The bank is market leader in Auto & Unsecured Loans in the state.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.