HDFC Bank biz in Karnataka tops Rs 2 trn, lender leads pvt sector in state

The bank's total advances in the state were Rs 73,655.39 cr in Q2FY22; lender enjoys 9% market share in total advances in Karnataka

HDFC Bank announced on Tuesday that its total business in Karnataka has crossed Rs two trillion, making it the largest private sector bank in the state in terms of overall business volume.

The bank's total advances in the state stood at Rs 73,655.39 crore on September 30, 2021, which included loans to retail, corporate, MSME and Microfinance customers, the bank said in a press release. The lender enjoys a market share of nine per cent in total advances in the state.

HDFC Bank's total deposits in Karnataka were at Rs 1,39,387.46 crore at the end of the first half of this financial