Mumbai, April 4 -- The bank's management had previously guided a deposit growth range of 9% to 11% and a loan growth target of 11% to 13% for FY25. However, the bank fell short of these projections.
Its loan growth for Q4 FY25 stood at 8.6%, falling short of the targeted 13%. Similarly, deposit growth for the fiscal year was 7.2%, below the expected 9-11%.
The public lender reported an 8.28% increase in domestic advances to Rs 9,45,957 crore in Q4 FY25, compared to Rs 8,73,632 crore recorded in Q4 FY24.
Sequentially, domestic advances rose 3.62% in Q4 FY25 from Rs 9,12,927 crore in Q3 FY25.
The bank recorded a 6.05% growth in domestic deposits to Rs 12,71,751 crore as of 31 March 2025, compared to Rs 11,99,197 crore as of 31 March 202...
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