Q1-FY24 · Srinivasan Vaidyanathan
We are not shy of not participating in certain loans. If the price is not to our liking, we don't need it.
HDFCBANK / language trends
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HDFC Bank · tone and specificity signals across the available quarters.
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Q1-FY24 · Srinivasan Vaidyanathan
We never lead by pricing to get any volumes, and it is simply based on relationships.
Q1-FY24 · Srinivasan Vaidyanathan
By the time the reversion begins, we are confident that we will lap the base effect comparison cycle.
Q1-FY25 · Sashidhar Jagdishan
We would like to desist from providing any guidance of any form, as it is providing a distraction from our long-term objectives.
Q1-FY25 · Sashidhar Jagdishan
Are we happy with the kind of numbers that has come about? Not really. It has fallen short of our expectations.
Q1-FY25 · Sashidhar Jagdishan
We will be growing slower in our advances as against our deposit growth. This is not something new.
Q1-FY26 · Sashi Jagdishan
We expect our loan growth to continue to improve from here and remain confident of growing our advances with the system growth rate in FY 2026 and higher than the system in FY 2027.
Q1-FY26 · Sashi Jagdishan
While we may see quarterly fluctuations in margins due to this lead lag impact, we expect to stabilize it over a period of time.
Q1-FY26 · Sashi Jagdishan
Our asset quality, one of our main USPs, remains healthy, positioning us well for growth in both assets and deposits as liquidity and demand improve.
Q2-FY24 · Sashidhar Jagdishan
I can categorically say that the bank will not incur any incremental costs or losses on account of this book into our P&L going forward.
Q2-FY24 · Sashidhar Jagdishan
We are very sanguine and very confident that funding is never going to be an issue, and you will see the kind of execution that we are capable of going forward as well.
Q2-FY24 · Sashidhar Jagdishan
The bank is poised to silently deliver the core growth that you have just seen in this quarter, and I'm very confident and sanguine that it'll continue to do so quarter after quarter, even on a larger scale.
Q2-FY25 · Sashidhar Jagdishan
We will bring down the CD ratio faster than what we had anticipated in the past.
Q2-FY25 · Sashidhar Jagdishan
We want to be extremely well-positioned when the positive cycle probably changes in the next two to three years.
Q2-FY25 · Sashidhar Jagdishan
The deposit momentum is not something that you can- it's an overnight plug-and-play.
Q2-FY26 · Sashidhar Jagdishan
Our USP continues to be our very healthy asset quality, and we don't see too much of issues in that, even in our early indicators as well.
Q2-FY26 · Kaizad Bharucha
We will not do anything only to get market share gain. That has never been our philosophy.
Q2-FY26 · Srinivasan Vaidyanathan
The space on the ROA comes from cost of funds because that's where the merger benefit comes a lot on the P&L.
Q3-FY24 · Srinivasan Vaidyanathan
We do need deposits to be kicking in for the loans to be operating.
Q3-FY24 · Srinivasan Vaidyanathan
We are not caught up and we are not into one level of rate of growth as such... We are focused on returns.
Q3-FY24 · Srinivasan Vaidyanathan
The deposit rate of growth should outpace the loan rate of growth... at least 300 basis points-400 basis points higher.
Q3-FY25 · Sashidhar Jagdishan
We are in the midst of a very challenging macro environment with tight liquidity conditions, signs of moderating urban demand, a tepid private capital expenditure programs, volatility and depreciation of the Indian rupee.
Q3-FY25 · Srinivasan Vaidyanathan
We have a choice to make in terms of whether we want the holistic customer relationship that includes time deposit, which grew at 22.7% in this quarter, or we don't get that time deposit and look for only CASA so that the margin can go up.
Q3-FY25 · Sashidhar Jagdishan
We are on track... You will see this in FY26. You will see a step up. And FY27, you will see a further step up.
Q3-FY26 · Sashidhar Jagdishan
We did, however, fall short of our strong ambitions, but we are confident that continued focus on our strengths will bring the expected outcomes.
Q3-FY26 · Srinivasan Vaidyanathan
We are addressing competition only through relationship and not through pricing.
Q3-FY26 · Sashidhar Jagdishan
The credit card focus today is more not from a net receivable basis, but from a transactor basis.
Q4-FY24 · Sashidhar Jagdishan
We are not a quantity player, whether for liabilities or whether for assets as well. Our focus is on quality, which is a balance between risk and margins.
Q4-FY24 · Sashidhar Jagdishan
We will have our day when the proportion of borrowings comes down. And when that will be there, we will have enough momentum in terms of funding, which we can then unleash in terms of growth as well.
Q4-FY24 · Sashidhar Jagdishan
We are not person-dependent. We are process-driven and process-dependent. And that's the beauty about this organization. It's an auto engine.
Q4-FY25 · Sashidhar Jagdishan
Our credit deposit ratio has been brought down from the highs at the time of merger, which was at about 110%, to around 96% as of March 2025.
Q4-FY25 · Srinivasan Vaidyanathan
If the ROA tends for better cost of credit or better margin that comes through and for cost efficiency and so on, to some extent, there is always a reinvestment opportunity.
Q4-FY25 · Sashidhar Jagdishan
Growth does not mean our losses or loss ratios will go up. I think it should be more or less in a range bound because of the target segment that we would still like to because there is opportunity, there's a runway.
Q4-FY26 · Sashi Jagishan
We have been building granular and sustainable deposit franchise which is reflected thus in the less than 3 crore retail liabilities. We have moved up from 31% of the to net total accretion to about 47% of the total net deposit accretion for the year.
Q4-FY26 · Sashi Jagishan
The above leadership position will enable us to harness efficiencies across organization and will be a key driver to enhance return on asset over the next one two three years.
Q4-FY26 · Kajal Bucha
ROA is what we should focus on. POP is an intermediate... you take higher risk and give it away in the credit cost below the POP doesn't determine what returns you can get.