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Estimated fair value of financial instruments (Tables)
12 Months Ended
Mar. 31, 2020
Fair Value, by Balance Sheet Grouping
A comparison of the fair values and carrying values of financial instruments is set out below:
 
   
As of
 
 
March 31, 2019
   
March 31, 2020
 
 
 
 
Estimated Fair Value
   
 
 
Estimated Fair Value
   
 
 
 
   
Carrying
Value
   
Level 1
   
Level 2
   
Level 3
   
Total
   
Carrying
Value
   
Level 1
   
Level 2
   
Level 3
   
Total
   
Carrying
Value
   
Estimated
Fair
Value
 
 
(In millions)
 
Financial Assets:
 
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
   
 
 
Cash and due from
banks, and
 
restricted
cash
  Rs.
734,872.6
    Rs.
  734,872.6
    Rs.
    Rs.
    Rs.
734,872.6
    Rs.
611,961.0
    Rs.
  611,961.0
    Rs.
    Rs.
    Rs.
611,961.0
    US$
   8,117.3
    US$
   8,117.3
 
Investments held for
trading
   
265,516.1
     
1,999.6
     
263,516.5
     
     
265,516.1
     
304,962.9
     
6,291.0
     
298,671.9
     
     
304,962.9
     
4,045.1
     
4,045.1
 
Investments
 
available
for sale
 
debt
securities
   
2,633,348.4
     
34,807.2
     
2,559,728.3
     
38,812.9
     
2,633,348.4
     
3,406,289.2
     
371,450.5
     
2,907,384.4
     
127,454.3
     
3,406,289.2
     
45,182.2
     
45,182.2
 
Securities purchased
under agreements
 
to
resell
   
76,213.5
     
     
76,213.5
     
     
76,213.5
     
250,000.0
     
     
250,000.0
     
     
250,000.0
     
3,316.1
     
3,316.1
 
Loans
   
8,963,232.6
     
     
2,593,533.9
     
6,378,523.8
     
8,972,057.7
     
10,425,022.4
     
     
2,593,022.1
     
7,936,633.4
     
10,529,655.5
     
138,281.2
     
139,669.1
 
Accrued interest
receivable
   
93,031.7
     
     
93,031.7
     
     
93,031.7
     
103,035.9
     
     
103,035.9
     
     
103,035.9
     
1,366.7
     
1,366.7
 
Other assets
   
344,873.6
     
2,390.1
     
340,767.5
     
     
343,157.6
     
641,605.5
     
2,282.4
     
637,594.1
     
     
639,876.5
     
8,510.5
     
8,487.6
 
Financial
 
Liabilities
:
   
     
     
     
     
     
     
     
     
     
     
     
 
Interest-bearing
deposits
   
7,804,717.5
     
     
7,826,794.0
     
     
7,826,794.0
     
9,730,481.3
     
     
9,786,793.2
     
     
9,786,793.2
     
129,068.6
     
129,815.5
 
Non-interest-bearing

deposits
   
1,420,309.4
     
     
1,420,309.4
     
     
1,420,309.4
     
1,731,590.0
     
     
1,731,590.0
     
     
1,731,590.0
     
22,968.4
     
22,968.4
 
Securities sold
 
under repurchase agreements
   
174,000.0
     
     
174,000.0
     
     
174,000.0
     
507,982.0
     
     
507,982.0
     
     
507,982.0
     
6,738.1
     
6,738.1
 
Short-term borrowings
   
654,058.0
     
     
655,215.2
     
     
655,215.2
     
377,417.6
     
     
378,027.9
     
     
378,027.9
     
5,006.2
     
5,014.3
 
Accrued interest payable
   
79,372.5
     
     
79,372.5
     
     
79,372.5
     
80,078.9
     
     
80,078.9
     
     
80,078.9
     
1,062.2
     
1,062.2
 
Long-term debt
   
1,044,553.0
     
     
1,061,687.0
     
     
1,061,687.0
     
1,026,518.3
     
     
1,074,826.3
     
     
1,074,826.3
     
13,616.1
     
14,256.9
 
Accrued expenses and other liabilities
   
366,071.3
     
     
366,071.3
     
     
366,071.3
     
460,931.4
     
     
460,931.4
     
     
460,931.4
     
6,114.0
     
6,114.0