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Property and equipment
12 Months Ended
Mar. 31, 2023
Property and equipment
11. Property and equipment
Property and equipment by asset category is as follows:
 
                                                                      
    
As of March 31,
 
    
2022
    
2023
    
2023
 
                      
    
(In millions)
 
Land and premises
  
Rs.  
22,754.4
 
  
Rs.  
25,501.3
 
  
US$
  310.3
 
Software and systems
  
 
45,767.3
 
  
 
56,092.8
 
  
 
682.5
 
Equipment and furniture
  
 
106,945.7
 
  
 
132,553.5
 
  
 
1,612.9
 
    
 
 
    
 
 
    
 
 
 
Property and equipment, at cost
  
 
175,467.4
 
  
 
214,147.6
 
  
 
2,605.7
 
Less: Accumulated depreciation
  
 
109,641.0
 
  
 
126,577.9
 
  
 
1,540.1
 
    
 
 
    
 
 
    
 
 
 
Property and equipment, net
  
Rs.  
65,826.4
 
  
Rs.  
87,569.7
 
  
US$
  1,065.6
 
    
 
 
    
 
 
    
 
 
 
Depreciation and amortization charged for the fiscal years
ended March 31, 2021, March 31, 2022 and March 31, 2023 was Rs. 13,860.2 million, Rs. 16,816.9 million and Rs. 23,489.7 million (US$ 285.8 million), respectively.