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Property and equipment
 12 Months Ended
Mar. 31, 2024
Property and equipment
12. Property and equipment
Property and equipment by asset
category
is as follows:
 
  
As of March 31,
 
 
  
2023
 
  
2024
 
  
2024
 
 
  
 
 
  
 
 
  
 
 
 
  
(In millions)
 
Land and premises
    Rs. 25,501.3      Rs.  64,357.6      US$  772.2  
Software and systems
      56,092.8        73,561.3        882.7  
Equipment and furniture
      132,553.5        172,031.8        2,064.2  
  
 
 
     
 
 
     
 
 
  
Property and equipment, at cost
      214,147.6        309,950.7        3,719.1  
Less: Accumulated depreciation
      126,577.9        162,920.3        1,954.9  
  
 
 
     
 
 
     
 
 
  
Property and equipment, net
    Rs. 87,569.7      Rs.  147,030.4      US$  1,764.2  
  
 
 
     
 
 
     
 
 
  
Depreciation and amortization
 charged for the fiscal years ended March 31, 2022, March 31, 2023 and March 31, 2024 was Rs. 
16,816.9
 million, Rs.
23,489.7
 million and Rs.
31,147.3
 million (US$
373.7
million), respectively.