GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HDFC Bank Ltd (NYSE:HDB) » Definitions » Credit Losses Provision

HDFC Bank (HDFC Bank) Credit Losses Provision

: $157 Mil (As of Dec. 2023)
View and export this data going back to 2001. Start your Free Trial

HDFC Bank's credit losses provision for the three months ended in Dec. 2023 was $553 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $157 Mil.

HDFC Bank's quarterly credit losses provision declined from Dec. 2022 ($393 Mil) to Mar. 2023 ($-395 Mil) but then increased from Mar. 2023 ($-395 Mil) to Dec. 2023 ($553 Mil).

HDFC Bank's annual credit losses provision declined from Mar. 2021 ($2,118 Mil) to Mar. 2022 ($1,667 Mil) and declined from Mar. 2022 ($1,667 Mil) to Mar. 2023 ($902 Mil).


HDFC Bank Credit Losses Provision Historical Data

The historical data trend for HDFC Bank's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HDFC Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Credit Losses Provision
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,040.15 1,577.80 2,118.02 1,666.63 902.11

HDFC Bank Quarterly Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Dec23
Credit Losses Provision Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 393.36 -395.50 552.99

HDFC Bank Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $157 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HDFC Bank (HDFC Bank) Business Description

Address
Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400 013
HDFC Bank Ltd is a large, publicly traded Indian bank. There are three units: retail banking, wholesale banking, and treasury. Retail banking services are offered through numerous branches and ATMs. Wholesale focuses on Indian corporations, and the treasury unit offers risk-management services, such as foreign exchange trading.

HDFC Bank (HDFC Bank) Headlines

From GuruFocus

HDFC Bank Limited 20-F Available Online

By Business Wire 06-29-2023

HDFC Bank Limited 20-F Available Online

By Business Wire Business Wire 07-28-2021

Top 5 3rd Quarter Trades of Close Asset Management Ltd

By GuruFocus Research GuruFocus Editor 10-26-2022