Private lender filing with BSE said deposits grew 10.8 per cent over Rs 1.02 trillion in June 2022. The share of low-cost money - Current Account and Savings Account CASA - deposits was 51.34 per cent as of September 30, 2022, up from 50.04 per cent as of June 30, 2022.
The mortgage business grew by 29 per cent YoY and constituted 36.9 per cent of the retail book. As of September 30, 2022, 66.4 percent of the total assets were taken from retail business, which includes home loans, loan against property, vehicles financing, and credit cards.
As of September 30, 2022, infrastructure loans decreased by 40.9 per cent on a YoY basis. The bank continues to run down the infrastructure financing book. As of September 30, 2022, the loans were reduced to 4.1 per cent of funded assets, down from 4.9 per cent as of June 30, 2022.
The non-infra book of corporates grew by 19.6 per cent YoY.
The Bank said key indicators of asset quality of advances, such as cheque on presentation, are improving. Asset quality of loans booked during the last year is performing better than prior vintage periods, indicating improvement in asset quality going forward, it added.