Lucknow, Apri 22 (KNN) The major loan customers of HDFC Bank in the state of Uttar Pradesh are from the Micro, Small and Medium Enterprises (MSMEs), agri and priority sector lending.

The total advances of the bank in UP have crossed Rs 65,000 crore, the bank announced on Thursday.

Loans to Retail, Corporate, MSME and Microfinance customers are the various loans which include in the total advances offered by bank in the state.

Claiming to be a market leader in Auto & Unsecured Loans in the state, the bank’s market share in total advances is at 8.66 per cent.

Since December 2020 to 2021, the bank's total advances have grown by 40 per cent from Rs 48,475 crore to Rs 67,756 crore.

Acknowledging the report, Akhilesh Kumar Roy, Branch Banking Head - Uttar Pradesh, HDFC Bank said, "We are happy to be a partner of growth and fuel the economic activity in Uttar Pradesh. As is evident from the 40 per cent growth in in advances in the last 12 months - bank continued lending even during Covid-19 - to support the economy."

Additionally, the bank has deposits of Rs 85,760 crore in the state of Uttar Pradesh, which along with the advances add up to total business of Rs 1,53,516 crore. (KNN Bureau)