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HDFC Bank Q4 Results - 10 things to know with detail

• Profit: HDFC Bank reported a net profit of Rs 8,758.3 crore for the fourth quarter of the financial year 2020-21, registering a growth of 18.2% compared to the same period last year.
• Net Interest Income (NII): The bank's net interest income stood at Rs 17,120.2 crore, showing a growth of 12.6% year-on-year.
• Net Interest Margin (NIM): HDFC Bank's net interest margin for the quarter was at 4.2%.
• Asset Quality: The bank's gross non-performing assets (NPA) ratio stood at 1.32% while the net NPA ratio was at 0.4%.
• Provisions: HDFC Bank made provisions worth Rs 4,693.7 crore during the quarter, up 24.8% from the same period last year.
• Capital Adequacy Ratio: The bank's capital adequacy ratio was at 18.8% as of March 31, 2021.
• Loan Growth: HDFC Bank's loan growth was at 14.9% year-on-year, with advances standing at Rs 11.32 lakh crore.
• Deposit Growth: The bank's deposit growth was at 16.3% year-on-year, with total deposits reaching Rs 13.35 lakh crore.
• Digital Banking: HDFC Bank continued to focus on digital banking initiatives, with the share of digital transactions increasing to 74% of total transactions.
• Dividend: The bank's board recommended a dividend of Rs 6.50 per share for the financial year 2020-21.
• Overall, HDFC Bank's Q4 results reflect a strong performance, with healthy growth in profit, net interest income, and loan and deposit growth. The bank's focus on digital banking and strong asset quality position it well for future growth.