HDFC Bank Q2 Update: Deposits jump 15% YoY, advances under management surge 8%

HDFC Bank reported a 15% year-on-year rise in deposits to Rs 25 lakh crore for the quarter ending September 2024. Advances under management increased by 8%, reaching Rs 26.33 lakh crore. Gross advances grew by 7% to Rs 25.19 lakh crore. CASA deposits rose 8% to Rs 8.83 lakh crore. The bank's liquidity coverage ratio averaged 127%.