Its gross advances came in at ₹30.61 lakh crore, up 15.4% from last year. $HDFCBANK HDFC Bank's deposits (period end) were up 147% at ₹31.7 lakh crore, as per its business update. Its current account savings account (CASA) deposits increased 9.4% to ₹10.25 lakh crore. Meanwhile, the lender's advances under management were up 12.4% at ₹31.27 lakh crore. On another note, HDFC Bank this week announced the appointment of Rajiv Kumar is its part-time chairman, three months post Atanu Chakraborty quit. Kumar's appointment is for a period of three years as chairman and for four years as additional independent director. His appointment as chairman is subject to the RBI's approval, while his independent director appointment will have to be cleared by shareholders during HDFC Bank's annual general meeting (AGM) on August 5. The lender also announced the appointment of Puneet Sharma as chief financial officer (CFO)-designate from September 1, 2026, confirming CNBC-TV18's newsbreak. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24

#StockInNews#WatchOutFor

567 likes·42 comments