However, the slight dip from ₹1.34 lakh crore in the previous quarter suggests the need for further attention in maintaining CASA momentum. Also read: IDFC First Bank Q2 Update: Deposits jump 32%, ...
The bank’s customer deposits, excluding interbank and certificates of deposit, also saw a 16% increase to ₹2.53 lakh crore compared to ₹2.19 lakh crore in Q2 FY24. The bank’s CASA (Current Account ...
Private sector HDFC Bank on Friday said the bank has registered a 7 per cent rise in loans to Rs 25.19 lakh crore in the second quarter of this fiscal. The credit book was Rs 23.54 lakh crore as ...
IndusInd Bank Ltd.'s net advances rose 13% on a yearly basis to Rs 3.57 lakh crore in the July-September quarter, according to provisional figures released by the bank on Friday. The bank's deposit ...
Federal Bank's total deposits in the quarter ended Sept. 30, 2024 rose by 15.6% year-on-year to Rs 2.69 lakh crore, as per the provisional data shared by the private lender on Friday. The total ...
IndusInd Bank reported a 13% YoY increase in net advances, reaching ₹3,56,980 crore, while deposits grew 15% to ₹4,12,704 crore as of September 30, 2024, amidst stable net interest margins. IndusInd ...
The CASA ratio stood at 48.9% as of September 2024, as compared to 46.4% as of September 2023. Private sector lender IDFC First Bank's loans and advances grew 21.3% year-on-year (YoY) to Rs 2.22 lakh ...
The Indian information technology (IT) sector is set to announce its second quarterly (Q2) earnings, ending September 30, for the financial year 2025 (Q2FY25) from October 10 onwards, kickstarting ...
Apart from the business update for Q2, the bank also unveiled its plans to offload its Oman operations to Bank Dhofar as part of a foreign operation rationalisation strategy. The total business of BoB ...
Last week, Paris-based BNP Paribas offloaded shares of HDFC Bank for Rs 543.27 crore. The private lender said its gross advances grew 7 per cent for the September quarter, while deposits were up 15.1 ...
For FD investments, TDS is deducted by the bank or NBFC issuing the FD on the interest earned. When is TDS Deducted on FD Interest? TDS on Fixed Deposit interest is deducted when the interest income ...
HDFC Bank Q2 Update: HDFC Bank’s deposits grew 15.1% to ₹25.00 lakh crore in Q2FY25 from ₹21.73 lakh crore crore in Q2FY24. Deposit growth was around 5.1% from ₹23.79 lakh crore as of June ...