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Estimated fair value of financial instruments (Tables)
12 Months Ended
Mar. 31, 2024
Fair Value, by Balance Sheet Grouping
 
 
 
As of
 
 
 
March 31, 2023
 
 
March 31, 2024
 
 
 
 
 
 
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.  1,387,395.2     Rs.  1,387,395.2     Rs.  —    Rs.  —    Rs.  1,387,395.2       2,086,031.4       2,086,031.4     Rs.  —      Rs.  —        2,086,031.4     US$ 25,030.4     US$ 25,030.4  
Investments held for trading
    135,831.1       184.1       135,647.0       —      135,831.1       461,245.3       290,951.1       148,296.2       21,998.0       461,245.3       5,534.5       5,534.5  
Investments available for sale debt securities
    4,878,844.0       507,504.1       4,222,904.3       148,435.6       4,878,844.0       8,295,487.1       548,944.7       7,608,007.7       138,534.7       8,295,487.1       99,537.9       99,537.9  
Securities purchased under agreements to resell
    455,275.4       —      455,275.4       —      455,275.4       34,178.3       —        34,178.3       —        34,178.3       410.1       410.1  
Loans
    17,052,927.9       —      4,138,188.7       13,027,096.1       17,165,284.8       26,335,700.9       —        4,988,245.6       21,425,726.3       26,413,971.9       316,003.1       316,942.3  
Accrued interest receivable
    186,091.2       —      186,091.2       —      186,091.2       249,644.5       —        249,592.0       52.5       249,644.5       2,995.5       2,995.5  
Separate
a
ccount
a
ssets
    —        —        —        —        —        955,416.3       808,309.4       147,106.9       —      955,416.3     11,464.1       11,464.1  
Other assets
    1,292,086.7       3,313.7       1,286,529.0       —      1,289,842.7       1,942,177.5       24,545.8       1,913,303.2       1,834.8       1,939,683.8       23,304.3       23,274.3  
Financial Liabilities
:
                           
Interest-bearing deposits
    16,097,459.3       —      16,102,822.0       —      16,102,822.0       20,688,406.2       —        20,775,875.4       —        20,775,875.4       248,241.0       249,290.6  
Non-interest-bearing deposits
    2,729,176.3       —      2,729,176.3       —      2,729,176.3       3,079,829.4       —        3,079,829.4       —        3,079,829.4       36,955.0       36,955.0  
Securities sold under repurchase agreements
    —      —      —      —      —      56,541.0       —        56,541.0       —        56,541.0       678.4       678.4  
Short-term borrowings
    1,089,897.5       —      1,088,380.5       —      1,088,380.5       1,313,737.1       —        1,314,424.4       —        1,314,424.4       15,763.6       15,771.8  
Accrued interest payable
    112,463.2       —      112,463.2       —      112,463.2       238,638.8       —        238,638.8       —        238,638.8       2,863.4       2,863.4  
Long-term debt
    2,054,436.4       —      2,045,541.9       —      2,045,541.9       6,648,772.0       —        6,639,457.7       —        6,639,457.7       79,778.9       79,667.1  
Accrued expenses and other liabilities
    567,643.6       —      567,643.6       —      567,643.6       690,851.5       —        688,513.7       2,337.8       690,851.5       8,289.6       8,289.6  
Separate
a
ccount
l
iabilities
    —        —        —        —        —        955,416.3       —        955,416.3       —        955,416.3       11,464.1       11,464.1  
Liabilities on policies in force
(*)
    —        —        —        —        —        55,544.1       —        55,544.1       —        55,544.1       666.5       666.5  
 
(*)
The liabilities on policies in force includes only the fair value of contracts that are classified as insurance contract