(Reuters) – Indian lender HDFC Bank’s gross advances and deposits both rose in the second quarter, it said on Friday.
The country’s biggest private bank said gross advances, or loans sanctioned and disbursed, rose 1.3% sequentially to 25.19 billion rupees ($300 million) in the quarter ended Sept. 30 following a 0.8% decline in the previous quarter.
Deposits rose 5.1% from the previous quarter to 25 billion rupees, following no growth in April-June.
($1 = 83.9600 Indian rupees)
(Reporting by Siddhi Nayak in Mumbai and Varun Hebbalalu in Bengaluru; Editing by Varun H K and Mrigank Dhaniwala)
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