Kolkata: Deposits for India's largest private sector lender HDFC Bank grew 14.4% year-on-year, outpacing a 10.2% expansion in assets under management (AUM), bucking the industry trend.
The bank on Saturday said its AUM grew to ₹30.58 lakh crore at the end of March, while deposits stood at Rs 31.06 lakh crore.
On the liability side, its current and savings account (CASA) deposits were at Rs 10.61 crore, reflecting a 12.3% year-on-year growth.
Industry average till March 15 published by Reserve Bank of India showed that bank credit grew by 13.8% year-on-year, 300 basis points more than the average deposit accretion.
AU Small Finance Bank's deposit growth also outpaced its gross loan portfolio expansion. Its deposits grew 22.8% year-on-year to ₹1.53 lakh crore.
The bank on Saturday said its AUM grew to ₹30.58 lakh crore at the end of March, while deposits stood at Rs 31.06 lakh crore.
On the liability side, its current and savings account (CASA) deposits were at Rs 10.61 crore, reflecting a 12.3% year-on-year growth.
Industry average till March 15 published by Reserve Bank of India showed that bank credit grew by 13.8% year-on-year, 300 basis points more than the average deposit accretion.
AU Small Finance Bank's deposit growth also outpaced its gross loan portfolio expansion. Its deposits grew 22.8% year-on-year to ₹1.53 lakh crore.