The lender mentioned through the quarter ended March 31, it assigned particular person loans amounting to Rs 8,367 crore in comparison with Rs 7,503 crore within the corresponding quarter of the earlier 12 months. This implies a leap of 11.51 per cent.
Particular person loans offered within the previous 12 months (that’s FY22) amounted to Rs 28,455 crore, the corporate mentioned, in contrast with Rs 18,980 crore within the pandemic impacted FY21. This interprets right into a progress of 49.92 per cent. The mortgage lender mentioned it additionally assigned Rs 1,500 crore of normal, non-individual loans through the quarter ended March 31, 2022.
In its public disclosure filed on inventory exchanges, HDFC mentioned, gross revenue from dividend for the quarter ended March 31, 2022 was Rs 128 crore, up 15.31 per cent from Rs 111 crore.
In the course of the quarter ended March 31, 2022, there was no sale of investments in subsidiary/affiliate corporations, it added.
Final month an HDFC official mentioned it had authorised retail house loans totalling greater than Rs 2 lakh crore within the present fiscal 12 months, its highest ever. Final 12 months the lender had processed house loans price Rs 1.55 lakh crore, registering a year-on-year progress of 30% as demand for properties surged.
Earlier within the day, the inventory ended up 2.61 per cent to Rs 2,450.95.