HDFC Bank jumps as its average deposits surge 16% in March 2025 quarter
HDFC Bank is currently trading at Rs. 1826.00, up by 32.30 points or 1.80% from its previous closing of Rs. 1793.70 on the BSE.
The scrip opened at Rs. 1808.00 and has touched a high and low of Rs. 1842.20 and Rs. 1807.95 respectively. So far 177058 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1880.00 on 09-Dec-2024 and a 52 week low of Rs. 1430.15 on 13-May-2024.
Last one week high and low of the scrip stood at Rs. 1842.20 and Rs. 1765.00 respectively. The current market cap of the company is Rs. 1394234.79 crore.
The Institutions and Non-Institutions held 83.67% and 16.33% stake in the company respectively.
HDFC Bank’s average deposits were Rs 25,279 billion for the March 2025 quarter, a growth of around 15.8% over Rs 21,836 billion for the March 2024 quarter, and around 3.1% over Rs 24,528 billion for the December 2024 quarter.
The Bank’s average advances under management (advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation / assignment) were Rs 26,955 billion for the March 2025 quarter, a growth of around 7.3% over Rs 25,125 billion for the March 2024 quarter, and a growth of around 2.6% over Rs 26,276 billion for the December 2024 quarter.
The Bank’s average CASA deposits were Rs 8,289 billion for the March 2025 quarter, a growth of around 5.7% over Rs 7,844 billion for the March 2024 quarter, and around 1.4% compared to Rs 8,176 billion for the December 2024 quarter.
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.
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