HDFC Bank Q4 Results 2020: Driven by growth in advances of 21.3 per cent, and a growth in deposits of 24.3 per cent and quarterly net interest margin growth to the tune of 4.3 per cent and net quarterly revenue increase of 18.2 per cent, the HDFC Bank Limited reported total income of Rs 138,073.5 crore in the year ended 31st March 2020. Net revenues (net interest income plus other income) for the year ended March 31, 2020 were Rs 79,447.1 crore, up by 20.6 per cent over Rs 65,869.1 crore for the year ended March 31, 2019.

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The HDFC Bank informed its yearly and q4 results in a statement saying, "For the year ended March 31, 2020, the Bank earned a total income of Rs 138,073.5 crore. Net revenues (net interest income plus other income) for the year ended March 31, 2020 were Rs 79,447.1 crore, up by 20.6 per cent over Rs 65,869.1 crore for the year ended March 31, 2019. The net interest margin for the year ended March 31, 2020 was 4.3 per cent. The cost to income ratio for the year ended March 31, 2020 was at 38.6 per cent, as against 39.7 per cent for the year ended March 31, 2019. The Bank’s net profit for the year ended March 31, 2020 was Rs 26,257.3 crore, up 24.6 per cent over the year ended March 31, 2019."

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Informing about its balance sheet as of now on 31st March 2020 the HDFC Bank reported, "Total balance sheet size as of March 31, 2020 was Rs 1,530,511 crore as against Rs 1,244,541 crore as of March 31, 2019, a growth of 23.0 per cent." Total deposits as of March 31, 2020 were Rs 1,147,502 crore, an increase of 24.3 per cent over March 31, 2019. CASA deposits grew by 23.9 per cent with savings account deposits at Rs 310,377 crore and current account deposits at Rs 174,248 crore. Time deposits were at Rs 662,877 crore, an increase of 24.6 per cent over the previous year, resulting in CASA deposits comprising 42.2 per cent of total deposits as of March 31, 2020. The Bank’s continued focus on deposits helped in the maintenance of a healthy liquidity coverage ratio at 132 per cent, well above the regulatory requirement.

Giving profit and loss account in quarter ended 31st March 2020 the HDFC Bank reported, "The Bank’s net revenues (net interest income plus other income) increased by 18.2 per cent to Rs 21,236.6 crore for the quarter ended March 31, 2020 over the corresponding quarter of the previous year."

Detailing about the net income the HDFC Bank informed that Net interest income (interest earned less interest expended) for the quarter ended March 31, 2020 grew to Rs 15,204.1 crore from Rs 13,089.5 crore for the quarter ended March 31, 2019, driven by growth in advances of 21.3 per cent, and a growth in deposits of 24.3 per cent. The net interest margin for the quarter was at 4.3 per cent.

Other income (non-interest revenue) at Rs 6,032.6 crore was 28.4 per cent of the net revenues for the quarter ended March 31, 2020 as against Rs 4,871.2 crore in the corresponding quarter ended March 31, 2019. The four components of other income for the quarter ended March 31, 2020 were fees & commissions of Rs 4,200.8 crore (Rs 3,665.4 crore in the corresponding quarter of the previous year), foreign exchange & derivatives revenue of Rs 500.8 crore (Rs 403.3 crore for the corresponding quarter of the previous year), gain on sale / revaluation of investments of Rs 565.3 crore (gain of Rs 228.9 crore in the corresponding quarter of the previous year) and miscellaneous income, including recoveries and dividend, of Rs 765.7 crore (Rs  573.6 crore for the corresponding quarter of the previous year).