HDFCBANK

Latest Developments, Business Trends & Outlook

🔹 Business & Operational Update HDFC Bank continues to focus on balance sheet consolidation and operational normalization following the large-scale merger integration. Loan growth remains moderate but stable, with emphasis on improving deposit mobilisation, granular retail deposits, and CASA stability. Management focus has shifted from aggressive expansion to quality growth, risk calibration, and margin protection. 🔹 Deposit & Liquidity Position Deposit growth is gradually improving, supported by: Repricing of deposits Focus on retail and salaried customers Strengthening branch-level mobilisation Cost of deposits remains elevated compared to pre-merger levels, keeping net interest margins under pressure in the near term. 🔹 Asset Quality & Credit Trends Asset quality remains robust, with: Stable gross and net NPA ratios Controlled slippages across retail and corporate books Credit costs are within guided ranges, indicating no major stress build-up despite macro uncertainty.