HDFC Bank clocks 21% loan growth at Rs 13.69 trillion in FY22

The growth in advances was about 8.6% over Rs 12.60 trillion as of December 31, 2021, the bank informed BSE

Reflecting robust economic upturn, the country’s largest private sector lender HDFC Bank’s loan book expanded by around 20.9 per cent growth on year-on-year (YoY) basis to Rs 13.69 trillion in Fy22.

The outstanding loan book was Rs 11.32 trillion as of March 31, 2021. The growth in advances was around 8.6 per cent over Rs 12.60 trillion as of December 31, 2021, the bank informed BSE.

As per its internal business classification, retail loans grew by around 15 per cent over March 31, 2021 and around five per cent over December 31, 2021. The commercial & rural banking loans grew