SCH

SECD
HUE LDEUSL ET S
O TTO
H ET HSET AFNI N
DAAN
LOCN
I AEL BSATLAAT N
ECMEE NSTHSE E T
For theAs
year
at ended
March March
31, 2024
31, 2024

SCHEDULE 1 - CAPITAL
(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
Authorised capital

11,90,61,00,000 (31 March, 2023: 6,50,00,00,000) Equity Shares of ` 1/- each 11,906,100 6,500,000

Issued, subscribed and paid-up capital

7,59,69,10,662 (31 March, 2023: 5,57,97,42,786) Equity Shares of ` 1/- each 7,596,911 5,579,743

Total 7,596,911 5,579,743

SCHEDULE 2 - RESERVES AND SURPLUS

(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
I Statutory Reserve
Opening balance 626,280,835 516,009,081
Additions on amalgamation 18 (1) 80,557,280 -
Additions during the year 18 (5) 152,030,697 110,271,754
Total 858,868,812 626,280,835
II General Reserve
Opening balance 248,677,940 204,569,238
Additions on amalgamation 18 (1) 229,023,281 -
Additions during the year 18 (5) 60,825,698 44,108,702
Total 538,526,919 248,677,940
III Share Premium
Opening balance 665,394,291 631,191,682

Additions on amalgamation 18 (1) 517,288,313 -

Additions during the year 87,850,318 34,202,609

Total 1,270,532,922 665,394,291

IV Special Reserve
Opening balance 5,000,000 -

Additions on amalgamation 18 (1) 227,681,815 -

Additions during the year 18 (5) 30,000,000 5,000,000

Total 262,681,815 5,000,000

V Amalgamation Reserve - I
Opening balance 10,635,564 10,635,564

Additions / (deductions) during the year - -

Total 18 (5) 10,635,564 10,635,564

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(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
VI Amalgamation Reserve - II
Opening balance - -

Additions / (deductions) on amalgamation 18 (1) (139,470,590) -

Total 18 (5) (139,470,590) -

VII Capital Reserve

Opening balance 56,275,415 56,229,288

Additions on amalgamation 18 (1) 414 -

Additions during the year 18 (5) 41,665,955 46,127

Total 97,941,784 56,275,415

VIII Investment Reserve Account

Opening balance - 2,947,976

Additions during the year 18 (5) 5,294,222 1,077,231

Deductions during the year - (4,025,207)

Total 5,294,222 -

IX Investment Fluctuation Reserve

Opening balance 37,010,000 36,190,000

Additions on amalgamation 18 (1) 9,530,000 -

Additions during the year 18 (5) 3,780,000 820,000

Total 50,320,000 37,010,000

X Foreign Currency Translation Reserve

Opening balance 7,788,451 3,471,355

Additions during the year 1,012,629 4,317,096

Total 18 (5) 8,801,080 7,788,451

XI Cash Flow Hedge Reserve

Opening balance (922,314) (976,777)

Additions on amalgamation 18 (1) 9,370,530 -

Additions / (deductions) during the year (45,071) 54,463

Total 18 (5) 8,403,145 (922,314)

XII Balance in Profit and Loss Account 1,395,798,306 1,129,599,963

Total 4,368,333,979 2,785,740,145

Integrated Annual Report 2023-24 295

 S C H E D U L E S T O T H E S TA N D A L O N E B A L A N C E S H E E T
As at March 31, 2024

SCHEDULE 3 - DEPOSITS
(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
A I Demand deposits
(i) From banks 37,047,391 30,978,596
(ii) From others 3,063,109,564 2,703,982,886
Total 3,100,156,955 2,734,961,482
II Savings bank deposits 5,987,472,923 5,624,927,280
III Term deposits
(i) From banks 177,670,784 240,911,098
(ii) From others 14,532,562,102 10,233,146,603
Total 14,710,232,886 10,474,057,701
Total 23,797,862,764 18,833,946,463

B I Deposits of branches in India 23,575,937,441 18,661,516,437

II Deposits of branches outside India 221,925,323 172,430,026

Total 23,797,862,764 18,833,946,463

SCHEDULE 4 - BORROWINGS
(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
I Borrowings in India
(i) Reserve Bank of India 45,560,000 90,200,000
(ii) Other banks 1,158,049,831 4,396,822
(iii) Other institutions and agencies 1,387,550,400 914,824,500
(iv) Tier 1 and Tier 2 capital instruments 250,536,249 250,000,000
(v) Other bonds and debentures 2,710,439,699 236,750,000
Total 5,552,136,179 1,496,171,322
II Borrowings outside India 1,069,394,572 571,484,333
Total 6,621,530,751 2,067,655,655

Secured borrowings included in I and II above: Nil (previous year: Nil) except borrowings of ` 5,654.13 crore (previous year: ` 9,020.00 crore) under
repurchase transactions (including tri-party repo) and transactions under Liquidity Adjustment Facility.

296 HDFC Bank Limited

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SCHEDULE 5 - OTHER LIABILITIES AND PROVISIONS

(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
I Bills payable 141,013,564 117,907,577
II Interest accrued 222,810,099 102,677,907
III Contingent provisions against standard assets 106,637,109 69,886,560
IV Others (including provisions) 883,918,531 666,750,433
Total 1,354,379,303 957,222,477

SCHEDULE 6 - CASH AND BALANCES WITH RESERVE BANK OF INDIA

(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
I Cash in hand (including foreign currency notes) 130,246,313 132,428,370
II Balances with Reserve Bank of India:
(a) In current accounts 1,318,925,915 943,919,336
(b) In other accounts 337,660,000 95,260,000
Total 1,656,585,915 1,039,179,336
Total 1,786,832,228 1,171,607,706

SCHEDULE 7 - BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
I In India
(i) Balances with banks:
(a) In current accounts 2,448,844 7,521,052
(b) In other deposit accounts 3,020,199 9,277,570
Total 5,469,043 16,798,622
(ii) Money at call and short notice:

(a) With banks 2,000,000 -

(b) With other institutions - 455,275,401
Total 2,000,000 455,275,401
Total 7,469,043 472,074,023
II Outside India
(i) In current accounts 103,044,784 135,527,627
(ii) In other deposit accounts 118,589,699 38,902,627
(iii) Money at call and short notice 175,538,427 119,538,848
Total 397,172,910 293,969,102
Total 404,641,953 766,043,125

Integrated Annual Report 2023-24 297

 S C H E D U L E S T O T H E S TA N D A L O N E B A L A N C E S H E E T
As at March 31, 2024

SCHEDULE 8 - INVESTMENTS
(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
I Investments in India in:
(i) Government securities 6,448,063,974 4,373,698,175
(ii) Other approved securities - -
(iii) Shares 19,729,997 4,954,258
(iv) Debentures and bonds 200,747,321 582,809,906
(v) Subsidiaries / joint ventures 126,342,133 38,264,875

(vi) Others (Units of Mutual funds / AIFs / REITs, CDs, CPs, PTCs and security 210,241,598 155,277,108
receipts)
Total 7,005,125,023 5,155,004,322
II Investments outside India in:
(i) Government securities (including local authorities) 2,480,394 797,242
(ii) Subsidiaries / joint ventures abroad 54,061 -
(iii) Other investments
(a) Shares 215,336 26,426
(b) Debentures and bonds 16,274,773 14,186,290
Total 19,024,564 15,009,958
Total 7,024,149,587 5,170,014,280

SCHEDULE 9 - ADVANCES
(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
A (i) Bills purchased and discounted 240,329,232 207,200,377
(ii) Cash credits, overdrafts and loans repayable on demand 6,272,383,851 5,571,329,186
(iii) Term loans 18,335,902,105 10,227,329,437
Total 24,848,615,188 16,005,859,000
B (i) Secured by tangible assets* 19,143,339,472 10,754,504,079

(ii) Covered by bank / government guarantees 415,985,170 454,536,329

(iii) Unsecured 5,289,290,546 4,796,818,592
Total 24,848,615,188 16,005,859,000
* Including advances against book debts
C I Advances in India:
(i) Priority sector 7,755,713,447 5,324,689,476
(ii) Public sector 1,405,546,990 1,359,077,400
(iii) Banks 25,671,224 64,038,765
(iv) Others 15,275,192,176 8,840,564,067
Total 24,462,123,837 15,588,369,708

298 HDFC Bank Limited

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(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
C II Advances outside India:
(i) Due from banks 27,561,578 22,962,853
(ii) Due from others:
(a) Bills purchased and discounted 7,148,584 6,040,889
(b) Syndicated loans 11,804,945 19,882,368
(c) Others 339,976,244 368,603,182
Total 386,491,351 417,489,292
Total 24,848,615,188 16,005,859,000

SCHEDULE 10 - FIXED ASSETS

(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
I Premises (including land)
Gross block

At cost on 31st March of the preceding year 24,353,113 21,820,786

Additions on amalgamation 18 (1) 17,158,133 -
Additions during the year 3,914,363 2,799,840

Deductions during the year (245,880) (267,513)

Total 45,179,729 24,353,113
Depreciation
As at 31st March of the preceding year 8,155,263 7,511,937
Additions on amalgamation 18 (1) 5,053,311 -
Charge for the year 886,959 850,084
On deductions during the year (198,345) (206,758)
Total 13,897,188 8,155,263
Net block 31,282,541 16,197,850
II Other fixed assets (including furniture and fixtures)
Gross block
At cost on 31st March of the preceding year 179,030,451 146,059,692
Additions on amalgamation 18 (1) 5,868,936 -
Additions during the year 43,904,034 39,285,273
Deductions during the year (4,798,123) (6,314,514)
Total 224,005,298 179,030,451

Integrated Annual Report 2023-24 299

 S C H E D U L E S T O T H E S TA N D A L O N E B A L A N C E S H E E T
As at March 31, 2024

(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
Depreciation
As at 31st March of the preceding year 115,062,891 99,531,806
Additions on amalgamation 18 (1) 3,547,773 -
Charge for the year 27,216,269 21,583,108
On deductions during the year (4,528,972) (6,052,023)
Total 141,297,961 115,062,891
Net block 82,707,337 63,967,560
III Assets on lease (plant and machinery)
Gross block
At cost on 31st March of the preceding year 4,546,923 4,546,923
Additions during the year - -
Deductions during the year (4,546,923) -
Total - 4,546,923
Depreciation
As at 31st March of the preceding year 4,104,467 4,104,467
Charge for the year - -
On deductions during the year (4,104,467) -
Total - 4,104,467
Lease adjustment account
As at 31st March of the preceding year 442,456 442,456
Charge for the year - -
On deductions during the year (442,456) -
Total - 442,456
Unamortised cost of assets on lease - -
Total 113,989,878 80,165,410

SCHEDULE 11 - OTHER ASSETS

(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
I Interest accrued 221,272,886 186,091,208
II Advance tax / tax deducted at source (net of provisions) 170,135,924 51,569,656
III Stationery and stamps 641,440 427,902
IV Non banking assets acquired in satisfaction of claims 11,405,574 464,532
V Security deposit for commercial and residential property 8,002,888 6,461,751
VI Others 18 (21) 1,586,543,323 1,222,110,102
Total 1,998,002,035 1,467,125,151

300 HDFC Bank Limited

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SCHEDULE 12 - CONTINGENT LIABILITIES

(` in ‘000)
As at As at
Schedule
March 31, 2024 March 31, 2023
I Claims against the bank not acknowledged as debts - taxation 40,608,619 13,064,965
II Claims against the bank not acknowledged as debts - others 1,509,529 1,411,952
III Liability for partly paid investments - -
IV Liability on account of outstanding forward exchange contracts 12,125,527,858 9,052,221,414
V Liability on account of outstanding derivative contracts 8,700,000,919 6,727,143,987
VI Guarantees given on behalf of constituents - in India 1,260,307,896 1,009,875,470
- outside India 2,874,204 2,643,350
VII Acceptances, endorsements and other obligations 710,083,810 614,555,453
VIII Other items for which the Bank is contingently liable 126,670,528 60,386,588
Total 22,967,583,363 17,481,303,179

Integrated Annual Report 2023-24 301

 SCHEDULES TO THE STANDALONE PROFIT AND LOSS ACCOUNT
For the year ended March 31, 2024

SCHEDULE 13 - INTEREST EARNED

(` in ‘000)
Year ended Year ended
Schedule
March 31, 2024 March 31, 2023
I Interest / discount on advances / bills 2,072,200,137 1,270,958,563
II Income on investments 443,642,848 313,111,583
III Interest on balance with RBI and other inter-bank funds 20,404,735 9,967,869
IV Others 47,158,035 21,817,352
Total 2,583,405,755 1,615,855,367

SCHEDULE 14 - OTHER INCOME

(` in ‘000)
Year ended Year ended
Schedule
March 31, 2024 March 31, 2023
I Commission, exchange and brokerage 281,606,512 238,440,461
II Profit / (loss) on sale of investments (net) 105,826,427 (5,853,298)
III Profit / (loss) on revaluation of investments (net) 9,434,922 (5,458,202)
IV Profit / (loss) on sale of building and other assets (net) 1,983,223 936,105
V Profit / (loss) on exchange / derivative transactions (net) 40,011,265 40,818,516
VI Income earned by way of dividends from subsidiaries / associates and /or joint 13,323,911 8,109,753
ventures abroad / in India
VII Miscellaneous income 40,223,734 35,154,916
Total 492,409,994 312,148,251

SCHEDULE 15 - INTEREST EXPENDED

(` in ‘000)
Year ended Year ended
Schedule
March 31, 2024 March 31, 2023
I Interest on deposits 994,329,551 615,178,622
II Interest on RBI / inter-bank borrowings 502,603,949 131,371,625
III Other interest 1,147,508 882,926
Total 1,498,081,008 747,433,173

SCHEDULE 16 - OPERATING EXPENSES

(` in ‘000)
Year ended Year ended
Schedule
March 31, 2024 March 31, 2023
I Payments to and provisions for employees 222,402,099 155,123,633
II Rent, taxes and lighting 26,790,093 20,952,892
III Printing and stationery 9,405,133 7,045,362
IV Advertisement and publicity 3,456,411 2,359,697
V Depreciation on bank's property 28,100,988 22,424,793
VI Directors' fees / remuneration, allowances and expenses 78,014 73,068

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(` in ‘000)
Year ended Year ended
Schedule
March 31, 2024 March 31, 2023
VII Auditors' fees and expenses 177,927 78,184
VIII Law charges 3,571,829 3,118,459
IX Postage, telegram, telephone etc. 8,678,881 6,581,683
X Repairs and maintenance 31,626,821 21,177,787
XI Insurance 28,135,719 22,478,649
XII Other expenditure* 271,436,325 215,106,637
Total 633,860,240 476,520,844

*Includes professional fees, commission to sales agents, card and merchant acquiring expenses and system management fees.

Integrated Annual Report 2023-24 303