Short-term borrowings

12 Months Ended

Mar. 31, 2024

Short-term borrowings

16. Short-term borrowings

Short-term borrowings mainly comprised of money market borrowings which are unsecured and are utilized by the Bank for its operations. Short-term borrowings as of March 31, 2023 and March 31, 2024 comprised the following:

	As of March 31,
	2023			2024			2024
	(In millions)
Borrowed in the call market	Rs.	14,359.5		Rs.	50,356.7		US$	604.2
Term borrowings from institutions/banks		735,131.5			1,028,262.6			12,338.2
Foreign currency borrowings		320,695.0			200,685.2			2,408.0
Bills rediscounted		19,711.5			34,432.6			413.2
Total	Rs.	1,089,897.5		Rs.	1,313,737.1		US$	15,763.6
Total borrowings outstanding:
Maximum amount outstanding	Rs.	1,154,282.6		Rs.	2,415,549.7		US$	28,984.3
Average amount outstanding	Rs.	870,879.3		Rs.	1,416,168.6		US$	16,992.7
Weighted average interest rate		4.0	%		6.9	%		6.9	%