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CONSOLIDATED STATEMENTS OF CASH FLOWS
₨ in Millions, $ in Millions
 12 Months Ended
Mar. 31, 2023
INR (₨)
Mar. 31, 2023
USD ($)
Mar. 31, 2022
INR (₨)
Mar. 31, 2021
INR (₨)
Cash flows from operating activities:        
Net income before noncontrolling interest ₨ 496,264.4 $ 6,037.8 ₨ 386,603.0 ₨ 326,006.4
Adjustment to reconcile net income to net cash provided by operating activities        
Provision for credit losses 74,213.8 903.0 126,979.5 154,233.4
Depreciation and amortization 23,489.7 285.8 16,816.9 13,860.2
Amortization of deferred customer acquisition costs and fees 13,284.8 161.6 10,912.3 7,930.2
Amortization of premium (discount) on investments 7,845.9 95.5 8,493.3 5,875.3
Allowance on available for sale debt securities 70.9 0.9 (2,915.1) 2,915.1
Deferred tax expense/ (benefit) 12,280.9 149.4 (9,887.3) (8,267.3)
Other gains, net (8,714.9) (106.0) (7,206.5) (7,428.4)
Share-based compensation expense 14,014.6 170.5 13,874.5 10,603.5
Net realized (gain)/ loss on sale of available for sale debt securities 720.3 8.8 (16,745.8) (55,925.2)
(Gain)/ loss on disposal of property and equipment, net (80.6) (1.0) (0.9) (16.2)
Unrealized exchange (gain)/ loss 276.7 3.4 (4,813.0) (356.8)
Net change in:        
Investments held for trading (87,892.0) (1,069.4) 48,845.7 388,530.5
Accrued interest receivable (51,395.9) (625.3) (15,640.8) (15,804.6)
Other assets (113,657.6) (1,382.9) (26,227.6) 82,993.4
Accrued interest payable 29,891.6 363.7 4,417.8 (2,073.9)
Accrued expense and other liabilities 66,588.0 810.2 47,512.2 18,700.6
Net cash provided by operating activities 477,200.6 5,806.0 581,018.2 921,776.2
Cash flows from investing activities:        
Term placements, net (498,561.2) (6,066.0) (366,297.2) 4,168.0
Activity in available for sale debt securities:        
Purchases (1,595,296.1) (19,409.9) (1,736,498.7) (3,217,140.1)
Proceeds from sales 36,463.8 443.7 766,585.0 1,609,149.3
Maturities, prepayments and calls 994,010.6 12,094.1 807,572.1 784,327.6
Net change in repurchase agreements and reverse repurchase agreements (234,067.0) (2,847.9) (307,207.6) (171,982.8)
Loans purchased (526,272.5) (6,403.1) (282,420.1) (189,797.8)
Repayments on loans purchased 337,760.9 4,109.5 156,441.9 124,275.6
Increase in loans originated, net of principal collections (2,864,884.7) (34,856.9) (2,328,833.2) (1,446,355.1)
Additions to property and equipment (43,620.3) (530.7) (26,324.4) (17,806.5)
Proceeds from sale or disposal of property and equipment 426.8 5.2 199.1 152.8
Activity in equity securities, net 1,256.7 15.3 14,503.3 (140.7)
Net cash used in investing activities (4,392,783.0) (53,446.7) (3,302,279.8) (2,521,149.7)
Cash flows from financing activities:        
Net increase in deposits 3,224,774.3 39,235.6 2,237,238.5 1,882,763.1
Net increase/ (decrease) in short-term borrowings 535,729.9 6,518.2 314,735.9 (138,024.7)
Proceeds from issue of shares by a subsidiary to noncontrolling interests 822.7 10.0 691.8 492.4
Proceeds from issuance of long-term debt 1,022,933.1 12,446.0 722,908.9 481,989.2
Repayment of long-term debt (558,113.6) (6,790.5) (353,325.7) (326,285.0)
Proceeds from issuance of equity shares for options exercised 34,158.3 415.6 26,097.3 17,601.0
Payment of dividends (86,394.3) (1,051.2) (36,239.2) (166.6)
Net cash provided by financing activities 4,173,910.4 50,783.7 2,912,107.5 1,918,369.4
Effect of exchange rate changes on cash and due from banks, and restricted cash 7,036.1 85.6 490.5 (262.2)
Net change in cash and due from banks, and restricted cash 265,364.1 3,228.6 191,336.4 318,733.7
Cash and due from banks, and restricted cash, beginning of year 1,122,031.1 13,651.7 930,694.7 611,961.0
Cash and due from banks, and restricted cash, end of year 1,387,395.2 16,880.3 1,122,031.1 930,694.7
Supplementary cash flow information:        
Interest paid 745,487.8 9,070.3 579,853.8 594,390.9
Income taxes paid, net of refunds 163,674.9 1,991.4 148,381.6 130,214.5
Non-cash investment activities        
Payable for purchase of property and equipment 7,440.6 90.5 5,483.3 2,061.2
Trade date sale receivable of available for sale debt securities ₨ 0.0 $ 0.0 ₨ 749.8 ₨ 0.0
Operating Lease, Description Operating lease right-of-use assets Refer to note 26— “Commitments and contingencies—Lease commitments” for more information and balances as at March 31, 2023. Operating lease right-of-use assets Refer to note 26— “Commitments and contingencies—Lease commitments” for more information and balances as at March 31, 2023.