HDFCB registered a loan book growth of 57.5% YoY/ 44.3% QoQ in Q2FY24 at INR 23,312 Bn. On a proforma merged basis (HDFCB+ HDFC Ltd), the QoQ growth in advances stood at 5.9%. The retail segment led the growth and reported an increase of 106.6% YoY/ 3.1% QoQ on a proforma basis while excluding the mortgage segment, the growth was 15.4% YoY/ 2.5% QoQ.