UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the
Securities Exchange Act of 1934
For the month of April, 2025
Commission File Number 001-15216
HDFC BANK LIMITED
(Translation of registrant’s name into English)
HDFC Bank House, Senapati Bapat Marg,
Lower Parel, Mumbai. 400 013, India
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| HDFC BANK LIMITED |
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| (Registrant) | ||||||
| Date: April 03, 2025 | By: | /s/ Ajay Agarwal |
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| Name: Ajay Agarwal |
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| Title: Company Secretary & Head – Group Oversight |
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EXHIBIT INDEX
The following documents (bearing the exhibit number listed below) are furnished herewith and are made a part of this report pursuant to the General Instructions for Form 6-K.
Description
Disclosure
Exhibit 99
April 03, 2025
New York Stock Exchange
11, Wall Street,
New York,
NY 10005
USA
Dear Sir,
Sub: Disclosure
We would like to intimate the following:
| 1) | The Bank’s average advances under management (advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation / assignment) were ₹ 26,955 billion for the March 2025 quarter, a growth of around 7.3% over ₹ 25,125 billion for the March 2024 quarter, and a growth of around 2.6% over ₹ 26,276 billion for the December 2024 quarter. |
The Bank’s period end advances under management (advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation / assignment) were ₹ 27,735 billion as of March 31, 2025, a growth of around 7.7% over ₹ 25,758 billion as of March 31, 2024, and a growth of around 3.3% over ₹ 26,839 billion as of December 31, 2024. On a year-on-year basis, retail loans grew by around 9.0%; commercial & rural banking loans grew by around 12.8%; and corporate & other wholesale loans were lower by around 3.6% over March 31, 2024.
The Bank’s period end gross advances aggregated to approximately ₹ 26,435 billion as of March 31, 2025, a growth of around 5.4% over ₹ 25,078 billion as of March 31, 2024.
During the quarter ended March 31, 2025, the Bank securitised / assigned loans of ₹ 107 billion (year to date ₹ 570 billion) as a strategic initiative.
| 2) | The Bank’s average deposits were ₹ 25,279 billion for the March 2025 quarter, a growth of around 15.8% over ₹ 21,836 billion for the March 2024 quarter, and around 3.1% over ₹ 24,528 billion for the December 2024 quarter. |
The Bank’s average CASA deposits were ₹ 8,289 billion for the March 2025 quarter, a growth of around 5.7% over ₹ 7,844 billion for the March 2024 quarter, and around 1.4% compared to ₹ 8,176 billion for the December 2024 quarter.
The Bank’s average time deposits were ₹ 16,990 billion for the March 2025 quarter, a growth of around 21.4% over ₹ 13,992 billion for the March 2024 quarter, and around 3.9% compared to ₹ 16,352 billion for the December 2024 quarter, reflecting customer preference for time deposits.
The Bank’s period end deposits were ₹ 27,145 billion as of March 31, 2025, a growth of around 14.1% over ₹ 23,798 billion as of March 31, 2024, and a growth of around 5.9% over ₹ 25,638 billion as of December 31, 2024.
The Bank’s period end CASA deposits were ₹ 9,445 billion as of March 31, 2025, a growth of around 3.9% over ₹ 9,088 billion as of March 31, 2024, and a growth of around 8.2% over ₹ 8,727 billion as of December 31, 2024.
The Bank’s period end time deposits were ₹ 17,700 billion as of March 31, 2025, a growth of around 20.3% over ₹ 14,710 billion as of March 31, 2024, and a growth of around 4.7% over ₹ 16,911 billion as of December 31, 2024.
| 3) | Key business volumes are as under: |
|
Key figures (₹ billion)
|
31-Mar-24
|
31-Dec-24
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31-Mar-25
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QoQ
|
YoY
|
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| Advances under management* |
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| Average |
25,125 | 26,276 | 26,955 | 2.6 | % | 7.3 | % | |||||||||||||
| Period end |
25,758 | 26,839 | 27,735 | 3.3 | % | 7.7 | % | |||||||||||||
| Gross advances – Period end |
25,078 | 25,426 | 26,435 | 4.0 | % | 5.4 | % | |||||||||||||
|
Deposits – Average |
21,836 | 24,528 | 25,279 | 3.1 | % | 15.8 | % | |||||||||||||
| CASA deposits |
7,844 | 8,176 | 8,289 | 1.4 | % | 5.7 | % | |||||||||||||
| Time deposits |
13,992 | 16,352 | 16,990 | 3.9 | % | 21.4 | % | |||||||||||||
| Deposits – Period end |
23,798 | 25,638 | 27,145 | 5.9 | % | 14.1 | % | |||||||||||||
| CASA deposits |
9,088 | 8,727 | 9,445 | 8.2 | % | 3.9 | % | |||||||||||||
| Time deposits |
14,710 | 16,911 | 17,700 | 4.7 | % | 20.3 | % | |||||||||||||
*gross of inter-bank participation certificates, bills rediscounted and securitisation / assignment
The results of the Bank as of March 31, 2025, will be subjected to an audit by the statutory auditors of the Bank.
We request you to bring the above to the notice of all concerned.
Yours faithfully,
For HDFC Bank Limited
Sd/-
Ajay Agarwal
Company Secretary & Head – Group Oversight