The country’s largest private sector lender HDFC Bank said in its quarterly update that its advances grew 21 per cent in the quarter ending March (Q4FY20) while its deposit base grew 24 per cent in the same period. In absolute numbers, the bank’s advances aggregated to Rs 9.93 trillion in Q4FY20 compared to Rs 8.94 trillion in Q4FY19. This comes at a time when the overall bank credit growth has remained weak, given the challenging economic conditions.
Featured Post
Hindenburg Crashes without any cogent reason
TODAY'S ECONOMICS once again proved correct Esteemed readers will recollect that earlier TODAY'S ECONOMICS had in its editorial (D...
-
By Deepika Bhardwaj Also called FGM (Female Genital Mutilation) is the practice of excising the clitoris and labia of a girl or woman and s...
-
The Hindenburg report, released on 24th Jan, 2023 had the intended outcome. The short seller shaved off $ 100 Billion Dollars or more of Ada...
No comments:
Post a Comment