Country’s largest private lender HDFC Bank’s loan book grew by 16.4 per cent year-on-year (yoy) to Rs 12.6 trillion as of December 31, 2021 (Q3FY22) over Rs 10.82 trillion a year ago. Sequentially, its advances rose by 5.1 per cent from Rs 11.98 billion in September 2020 (Q2FY22).
Commercial banks in India, as a group, have posted 7.3 per cent (yoy) growth till the middle of December 2021, according to Reserve Bank of India (RBI) data.
HDFC Bank’s retail loans grew by around 13.5 per cent yoy and 4.5 per cent over September 2021 based on its internal business classification.
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