HDFC as country 3rd most critical finance body

Recently, the HDFC Bank was added in the list of systematically important banks, or banks that are considered too big to fail, by the RBI. Other banks were SBI and ICICI Bank.  Inclusion in this category means that the bank would need to adhere to higher capital requirements. The positive side of being recognised is that investors would feel more secure in parking bulk funds in these institutions as they are too big to fail.

HDFC Bank’s total balance sheet size as of June 30, 2017 was Rs 8,95,653 crores as against Rs 7,55,631 crores as of June 30, 2016 , an increase of 33 %. The bank’s deposits as of June 30, 2017 were Rs 6,71,376 crore , an increase of 17 % over June 30, 2016.