HDFC Q3 FY22 Financial Highlights
HDFC BANK
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21.02% owned by HDFC
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ADRs listed on NYSE
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5,779 banking outlets, 17,238 ATMs
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Key business areas-
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HDFC
WITH YOU, RIGHT THROUGH
Wholesale banking | Retail banking | Treasury operations
Financials (as per Indian GAAP) for the nine months ended December 31, 2021
Advances as at December 31, 2021, stood at Rs. 12,609 bn - an increase of 17% over the previous year
Total deposits stood at Rs. 14,459 bn - an increase of 14% over the previous year
PAT (Indian GAAP): Rs. 269.06 bn – an increase of 17% over the previous year
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Arrangement between HDFC & HDFC Bank
HDFC Bank sources home loans for a fee
Loans originated in the books of HDFC
HDFC offers a part of the disbursed loans for assignment to HDFC Bank (up to 70% of loans
sourced by HDFC Bank)
HDFC retains a spread on the loans that have been assigned
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Market Capitalisation (December 31, 2021): ~US$ 110 bn
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