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Bloomberg Quint

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Confident Of Growing Our Advances On Par With Industry In Fiscal 2026: HDFC Bank CEO

  • HDFC Bank CEO, Sashidhar Jagdishan, is confident that the bank will grow its advances in line with the industry in fiscal 2026 and surpass it the following year.
  • In the last fiscal year, the bank reported a 10.7% increase in net profit and a 13% growth in net interest income, while maintaining a healthy asset quality.
  • The bank's balance sheet expanded by over 8% to Rs 39,10,199 crore. Gross NPAs stood at 1.33% of Gross Advances, with advances growing by 5.4% and deposits by 14.1%.
  • HDFC Bank aims to reduce high-cost borrowings, bring down the credit-to-deposit ratio, and focus on quality growth. The bank's CEO believes that they have successfully navigated a merger and are now well-positioned for faster growth.

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