In an interaction with Rahul Jain, managing director of global investment research at Goldman Sachs India Securities Pvt Ltd, Jagdishan gave an overview of the loans and deposits in HDFC Bank’s balance sheet post the merger.
Trading at a market value of about $151 billion or Rs 12.38 lakh crore, HDFC Bank is now the world s seventh largest lender bigger than the likes of giants like Morgan Stanley and Bank of China. HDFC Bank is behind JPMorgan ($438 billion), Bank of America (232 bn), China s ICBC ($224 bn), Agricultural Bank of China ($171 bn), Wells Fargo ($163 bn) and HSBC ($160 bn).
HDFC Bank has already released its balance sheets performance for Q4FY23. In this quarter, the bank garnered advances of approximately ₹16,005 billion, rising by 16.9% YoY. While deposits stood at ₹18,835 billion in Q4FY23, up by 20.8% YoY.
Sebi s board approved a host of amendments in regard to the disclosure of material events or information by listed entities on Wednesday to bring more transparency.