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Banks report strong growth in Q4 advances, deposits
Financial Express Lucknow
|April 04, 2025
HDFC BANK, BANK of Baroda, Bank of India and IDFC First Bank have reported strong growth in advances and deposits for the fourth quarter of 2024-25, according to the provisional business updates.
HDFC Bank's deposits grew at a higher rate than deposits. The bank's deposits rose 14.1% y-o-y to ₹27.15 lakh crore as of March 31, 2025. Its gross advances grew 5.4% y-o-y to ₹26.43 lakh crore. CASA deposits were at ₹9.5 lakh crore, a growth of around 3.9% over the year-ago period.
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