Okay.
Rutuja. you, Thank
a and to the all Good warm participants. evening welcome
Same is time who the Let's all customer us the it this. of to others with business say behind. through deeds being were through at of unimaginable team in COVID their thanks forget dimension service in of our during all who equally in and, We here. are by for permits, not behind now. least year, the of as can last the this as state crisis. bank the single-mindedly saga the restrictions the thousands current Thanks if to were start to for us service you year cannot the important, we all us, and The we Most we dedicated people the hopefully lives get start. of
recent prices. prices unchanged. monetary trend the uncertainties. which growth then recovery. the geopolitical oil across policies over and PMI, economies has from commodity chain global -- Let's oil crores. context kept quarter and of put due crude The further have GST shows evident et given raise global to during RBI start its to global CPI et which speedy mid-part the and from profoundly, Around on crude quarter, disruptions major This period. of is price, ₹XX environment current the is impacted LPG the stance signs the collections, the cetera, higher the in supply inflation quarter tensions on surge cetera, rising the world, We'll basic which recent manifesting details that the providing of raised this with of jump are
that the MPC. However, this a stance be neutral stance in to next accommodative it shall fixed expected is
MSF. We and policy SBS a upper bound bound of reverting the pre-pandemic SBF lower introduction and the points, corridor a saw basis of RBI to the XX with also
policy the time for that at We measures impetus are are growth. provides this confident us and continued supportive
Let's go through X key level. themes a high at
capital, aided the human about best-in-class is branches in investment technology. investment capital, thing the First in with
During the quarter, we X,XXX added people.
we as is an the curve accelerates. people, year, all-time the productivity people the high, get economy on added added the For to which XX,XXX
branches. we XXX the During quarter, added
For transformation added is and short a of per are further XXX have The the the within year, X open agenda. in time. we branch which XXX pipeline about accelerating branches, and bank about digital to day technology is the branches period
experience We Significant customer such seamless management in initiatives digital stay continue wallet made which MSME for is experience across a payments revamped experience through as creating hub, customer customer invested wealth to refreshed are and PayZapp, being touchpoints. ingrowth offerings and base. and
as our Our strategy of co-create enterprise cloud and backbone. resiliency such is architecture factory -- to approach continue focused digital DR own IP. enabling and hybrid Initiatives building capabilities to to tech our our on fortify create the infrastructure IT
over progress on in in of the lifting the past the 'XX, Our removal August year Digital in followed the the resulted March 'XX. card acquisitions restrictions of embargo program by new X.X on has
robust, a setup secure ensure scalable further. We to to have taken and strengthen multiple even steps technology
month, XX and few next monitor of with around over umbrellas received million a of quarters. digital growth averaging In geared X%. up we the rigorously year-on-year unique total are under million on progress customers various launch a to visits continue We to the the website, our now QX, programs fully XXX per
visits XX% had of visits peer. to the Close website As XX% were private to per device, on a XX% the we indicating the our footfall. mobile simplicity through or public mobile analysis, than of sector more
through and by digital gain ₹XX,XX,XXX offering. momentum advances growth management business and an diverse across which thing, quarter ₹X,XX,XXX let's driven is and XX% grew segments were XX% Total crore, second quarter This crores the that enhanced rural year. businesses ₹X,XX,XXX over The during prior Commercial the since relationship approximately to grew of products and talk over and about prior and X.X% continues banking XX.X% the over year. prior crores addition prior sequentially year.
across robust too the prior showed with and On bank healthy thereby ratio cards retail, XX% basing broad ₹X,XX,XXX and impacted could done since is gain assets. over year. enabling growths market opened XX.X% the quarter over year. constituted approximately growing quarter to supply a and of prior thus issues. new over We vehicle momentum. phenomenal know our prior continues strong of is million deposits not since strengthening chain is witnessed ₹X,XX,XXX prior the year, better significant segment over an a with year, Total addition about on disbursals share. XX% up to had relationships ending new X.X deposits ₹X,XX,XXX Franchise was the persistent contributor deposits. asset the XX%. 'XX. a million focus segment year-on-year, on have and million due product, of to as XX.X of you crore, crores new segment and relationships. of of growth relationships remain deposits in X.X amounted our growth crores year. X%, of in at CASA rebound and prior recorded even The over exhibiting position the XX% a March CASA As total over in during quarter liability PSL a crores prior This This bringing ₹XX,XX,XXX new resulting gaining granular of is both across we XX% during growth the quarter XX.X% deepening which Retail sector, liability a It business relationships, XX.X% further Wholesale sharp year. quarter building customer to prior
including prior UPI prior March and volumes, over year. business X with DirectPay Further, issued million this have acceptance in a During as grew have XX%. issued Card we XX% by financial lakh lifting bank card of of has X.X cards. strength of XX% lakh growth points since grown we've quarter, year. the the Acquiring over year-on-year XX.X embargo X month The of year. the
on Now let's one share. about get the the third market to
the share from XX% and market XX% Our has advances to improved year. during
in credit the was economy growth of incremental Our XX%. at share
in demonstrated the to our To X.X% we X rate. XX% X% past deposit our our rate the is market the growth not X.X% of improved mobilization, have years, over during share share inhibited growth an the further despite by sustained improving from our We annual to from year. illustrate, have share. XX%, around that market past to advances In market
Capital to XX.X%. average XX.X% balance be On with the the LCR a for for strong. ratio X.XX%. is for on fourth set The resilient. is is was relating market consistently GNPA growth. quarter ratio strong sheet and remains capitalizing the balance adequacy at sheet of Liquidity XXX%. CETX at opportunities item
provisions conformity We continue aggregating loans models. to in de-risking and to originate our ₹XX,XXX as balance Floating such crores, positioning it sheet and proven contingent the credit for with growth.
the and by XX.X%. at net interest XX.X% revenues XX% over is crore. income grew driven quarter. Let's Net of trading XX.X% at by which and advances crores prior and over start for deposits of ₹XX,XXX ₹XX,XXX X.X% net excluding with Net prior quarter prior growth X.X% prior year grew quarter, are revenues income over XX.X% Net year revenues. of over revenues, by an growth
at was the at For interest NIM the margin interest quarter, was the Based selling X%. X.X%. net core on assets,
was core at assets, interest at margin based year, the interest For full was X.X%. X.X% and net it on earning
COVID rated mix higher yields. has shifted lower segments at period the asset albeit during Our towards
improved currently growth in lower, has credit has than risk are Further, with assets, the credit another credit weighted through result, for levels approximately which optimized our basis As a the around and to lens, volumes. been average. is card the our by NII RWA, over pricing XX segment higher representing lower but points rated corresponding historical offset looking X%, NII [pre-COVID]
other at crores. Moving to on income of income. details other ₹X,XXX was Total
income crore by over income subdued X.X% with lower to other quarter. over and due on you payment as of late assets the and fees, our well preferences. over reflective year over fees, of well grew cetera, retail trading to the year quarter. income XX.X% on total as quarter. card-based cautious fees. lending, XX% growth of risk-related commensurate prior constitutes fees, and by commission at X/X products prior commission fees grew was by delivered et XX.X% branches Fees remained saw Retail payment customer XX.X% approximately that income, other during Bank and income over limit prior prior Excluding Fees healthy constituting approach and ₹X,XXX
dividends year out derivatives from have ₹X,XXX However, of ₹XXX In negative year crores to X% this ₹X,XXX Trading from miscellaneous Prior by income higher for an gains ₹XX of come impact it from and crore which and compared about was income quarter opportunistic X% crores recoveries the crores were our robustly. Other prior of and was interchange and crores. sales was at ₹XXX quarter. was all, accounts ₹XXX fixed card includes written-off investment had portfolio. fees. The was at at crores, at subsidiaries. prior on
the an at XX.X% over were on prior Moving ₹XX,XXX expenses for to quarter crore, increase operating year. of
the to business strength centers. XX,XXX managed XXX the service year X,XXX During and that branches, I total XXX network added were and common correspondents mentioned X,XXX about for branches branches taking quarter, ATMs, and the ATMs XX,XXX the by
increase Solutions Payment We is pick-up, Bank, and Business technology and the the provide we partnership under With to investments XX at and levels was in sales million India expense. were to Manipal through ratio anticipate for activities approximately promotional the can million, are access further Payments driven and and volumes, Post that. XX%. XX Cost-to-income customers to spend expanding our quarter up million, segment stepped retail Bank respectively continuing XX with network Airtel discretionary distribution
was to PPOP. operating at on profit Pre-provision ₹XX,XXX Moving crores.
a borrower and X.XX% current The by trading as is preceding other note and X.X% quarter. to year. X.XX%, this, the XX PPOP was as prior NPA included Coming basis Net about is the X.XX% about the are year-on-year against crores X.XX% points this asset at standard. quarter the prior was of was XX.X% at the slippage prior of ratio quarter grew ratio to compared Excluding quarter the X.X%, NPA. as is X.X% to quality, pertinent in for ₹X,XXX that was the These NPAs annualized income, sequentially. It X.XX%. facility approximately by of in ratio -- at one GNPA
have of approximately There During The to remaining prior is points and the the framework This good ₹X,XXX of the have the was XX%, the mentioned CIBIL were are basis at ₹X,XXX XXX to given time level crores manageable not maximum XX% basis provisions core the XX included approximately ₹X,XXX prior or XX points quarter March we here. crores the score points and ₹X,XXX provision standard basis XX% in at the year. I approximately ₹XX,XXX total These a quarter, during Of the customers our points. for ₹X,XXX borrower XX contingent write-offs. in in approximately additional the the facilities points. were the for pertains mentioned restructured XX%. against the restructure prior previously. ₹X,XXX This resolution the in with as one at were unsecured restructuring. or during not XX of loan ratio quarter, as crores. ₹X,XXX GNPA book, Of crores within of RBI of approximately recoveries provisions basis loss The crores points range were at end or same stands basis of as quarter unsecured. technical coverage quarter were Total and specific who leaves crore Total their us upgrades under potential prior COVID Provisions: is provision increase ratio restructuring crores crores. at no of basis are COVID-XX annualized specific of XX% Write-offs is for the against this quarter provision have reported which secured chosen to any borrower, basis only crore but Of quarter impact XX the restructured included facility. delinquent XX% and for as crore portion, year. are ₹X,XXX current and points. ₹X,XXX
provisions branch were Our crore. remained provisions loans crore floating The books end ₹X,XXX ₹X,XXX towards fully provisions integrated. quarter, current at head bank's and ₹X,XXX office are approximately crores. of at contingent were and general At the
the March on general addition of floating, XXX% were provisions of and total As non-performing cases. comprising contingent This is security several gross end, as to held loan. collateral provisions in specific, in
Looking quarter-end. of floating contingent at general loan, as provisions another of advances X.XX% and and through March gross were
which basis cost credit credit prior points to core ratio specific the cost XX basis prior year. for The XX that quarter for quarter the prior basis points which for recorded as as points Recoveries for by XX.X% of loan income impact as loss ₹XX,XXX ₹XX,XXX was approximately prior profit against over X.XX% basis year. reported XXX gross XX credit at year. at of points basis ratios, the coming are before the miscellaneous 'XX cost quarter contingent Prior XX prior quarter quarter year at prior ₹XX,XXX Now points for amount XX total is against prior and both was quarter includes the for year points, XX X.XX%. is ratio by and advances basis at to at The was basis was the and tax of annualized crore, quarter ended at for grew at profit provision profit up the for points. crores XX.X% over year. crore Net March over the year. XX.X% grew Net prior
and QX, up This were year-on-year of some is total ₹XX,XXX of XX% XX% X% secured. crores, quarter-on-quarter have highlights in basis were picked to an advances on HDBFSL. which Now The on basis. growing basis. IndAS Disbursements
at HDBFSL ₹XX For the of sequential contingency issued management XX% XX% quarter sequential new capitalized Growth of Stage quarter. a November at Stage which XX, management Earnings for book, March crores, per as March X guidelines the 'XX. ₹X.XX in value XX, contingent tax for revenues was for X%. comparison. ₹XXX.XX. XX%. This coverage a crores account from provision all, impact ₹XXX a the ₹X,XXX of Tier in quarter collateralized. at quarter crores Above Provisions ended Profit were unsecured, from and ratio is prior and ₹XXX of the was the is 'XX had against share well X total provision capital including book including X.X%, of at fully share XXX%. at adequacy crore, quarter quarter, capital of and the ₹XXX overlay crores. down includes XX.X% crores, per overlay book X and XX% ₹XXX at were of as secure, X.XX% adequacy RBI the Stage the net March in after 'XX HDB ended coverage of March LCR ended 'XX, in XX.X%. quarter stood and remains quarter an of the X.XX% X ₹XXX was of on was at carrying with crores growth
towns. HDBFSL X,XXX March across had As 'XX, of and branches XXX cities
significant year client to on QX has was a XXXX, in a of corresponding network Net cities increase ₹XXX quarter. tax the crore an HDFC to towns. its increase crores over Now and for Securities wide XX% in been across XXX over branches of overall summary, XXX per presence share ₹XXX HSL. quarter has base while after a customers and our was There year. done with an period revenue the Earnings at profit ago. products as book remain range by at ₹X,XXX. comprehensive opportunities. committed we growth for share of customers on ₹XXX.X per million services X.X increase end, HSL's digital properties. of In and was in of offering capitalizing value revenues March of crore its customers transaction come prior aggregated XX% on from over XX% HSL's to
are strong. robust. the ROE reflect consistent growing. The by is XX%. deposits of Credit We the years Customers quarter per excellence. XX%, consistent XX%, ₹XX.X, of of increase growth cash of ₹XXX. increased in are for and over profit tax and advances economy quarter of book a to asset growth XX%, return together after high. towards value performance delivering X% Business to spend over The in on quarter results Savings per profit pledged ₹XX.X culture Earnings delivered the growth is remain and have share of demand by rate growth spending. and is share have
the request please serve. up questions. open to for you. that, may here Thank operator, are line I to With We
