HDFC Bank reported a 5.4% year-on-year growth in gross advances and a 14.1% rise in deposits for Q4FY25. Retail loans increased by 9%, while average deposits saw a 15.8% jump. The corporate & other wholesale loans declined by around 3.6% over March 2024.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.