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HDFC Bank's LDR below 100% first time since merger
Business Standard
|January 06, 2025
Logs 3% increase in loan growth at ₹25.42 trillion in Q3
HDFC Bank's loan-to-deposit ratio (LDR) fell below 100 per cent for the first time since its merger with the erstwhile HDFC Ltd due to slower loan growth and the securitisation of a sizeable portion of loans in the 2024-25 (FY25) October-December (Q3) quarter.
At the end of the December quarter, HDFC Bank's LDR stood at 99.2 per cent, down from 100.76 per cent in the second quarter (Q2) of FY25 and 111.53 per cent in Q3 of 2023-24.
The easing of the LDR aligns with the bank's guidance, which indicated that it would grow its loan book more slowly than the system in FY25 to reduce its elevated LDR to pre-merger levels. Further, the bank has said that in 2025-26, it plans to grow its loan book in line with system growth, and in 2026-27, it aims to outpace the system in loan book expansion.
This story is from the January 06, 2025 edition of Business Standard.
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