HDFC Operational & Financial Highlights
•
BUSINESS HIGHLIGHTS – Q3FY23
Inherent demand for home loans continues
HDFC
WITH YOU, RIGHT THROUGH
•
Loan book and Assets Under Management cross Rs. 6 trillion and Rs. 7 trillion respectively
• 26% growth in individual loans (after adding back loans sold in the preceding 12 months)
·
•
•
Approvals and disbursements grew by 21% and 23% respectively during the nine months
ended December 31, 2022
Significant improvement in asset quality
•
·
•
Collection efficiency for individual loans on a cumulative basis over the last 9 months
stood at 99%
Reduction in aggregate of Stage 2 and Stage 3 assets to 5.5% of the Exposure at
Default as at December 31, 2022 compared to the peak of 9.2% as at June 30, 2021
Lower annualised credit costs in Q3 FY23 at 0.22% (down from 0.33% and 0.29% in Q1
and Q2 respectively)
Outstanding loans restructured under RBI's Resolution Framework OTR 1.0 and 2.0 at 0.7%
of the loan book (down from the peak of 1.4% in Sep-21)
10
10View entire presentation