Particle.news
Download on the App Store
15 ARTICLES
·
3h ago

Indian Banks Post Q2 Loan and Deposit Gains in Provisional Updates

Audited Q2 filings later this month will reveal profitability, margins, asset quality.

Image
Image
Image
Image

Overview

  • HDFC Bank reported 9.9% year-on-year growth in advances to about Rs 27.7 lakh crore with deposits up roughly 12% to around Rs 28.0 lakh crore, and CASA balances higher year-on-year.
  • Kotak Mahindra Bank’s net advances rose 15.8% year-on-year to Rs 4.62 lakh crore and total deposits climbed 14.6% to Rs 5.28 lakh crore, with CASA up 11.2% year-on-year.
  • Yes Bank logged loans of Rs 2.5 lakh crore (up 6.5% year-on-year) and deposits of about Rs 2.97 lakh crore (up 7.1%), as CASA improved to 33.8% and the credit‑deposit ratio eased to 84.4%.
  • Public sector peers showed momentum, with IDBI’s net advances at Rs 2.30 lakh crore (up 15% year-on-year) and UCO’s loans at Rs 2.31 lakh crore (up 16.7%) alongside deposit growth, while PNB’s domestic credit rose 10.7% year-on-year.
  • IndusInd Bank was an outlier with 2% sequential declines in both advances (Rs 3.3 lakh crore) and deposits (Rs 3.9 lakh crore) and a CASA ratio of 30.8%, and most figures across lenders are provisional or under limited review.