Core performance in line; margins improve QoQ

22 Apr 2024
5 Min read 
  • HDFC Bank reports in-line earnings, improved margins, and asset quality.
  •  Modest loan growth driven by retail and commercial real estate-backed loans.
  •  Asset quality ratios improve with low GNPA/NNPA ratios and high coverage ratio.
  •  Bank aims to improve CD ratio and replace HDFC borrowings.
  •  Steady growth in net worth, deposits, and total assets.
  •  Stable asset quality with low GNPA and NNPA ratio.
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