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HDFC Bank Q4 business update: Lender reports 15% YoY growth in deposits, advances jump 12%

by TheAdviserMagazine
1 month ago
in Business
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HDFC Bank Q4 business update: Lender reports 15% YoY growth in deposits, advances jump 12%
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HDFC Bank, India’s largest private lender, reported its fourth-quarter business update on Saturday. The lender’s exchange filing showed that its average advances under management stood at Rs 29.64 lakh crore for the March 2026 quarter, marking a growth of around 10% compared to Rs 26.96 lakh crore in the corresponding period last year.

The bank’s period-end advances under management were approximately Rs 30.58 lakh crore as of March 31, 2026, up 10.2% from Rs 27.73 lakh crore a year ago. Meanwhile, period-end gross advances aggregated to about Rs 29.60 lakh crore, reflecting a growth of 12.0% over Rs 26.44 lakh crore as of March 31, 2025.

On the liabilities side, the bank’s average deposits stood at Rs 28.51 lakh crore in the March 2026 quarter, registering a growth of 12.8% compared to Rs 25.28 lakh crore in the year-ago period.

Within this, average CASA deposits were Rs 9.18 lakh crore, up 10.8% from Rs 8.29 lakh crore, while average time deposits came in at Rs 19.33 lakh crore, growing 13.7% from Rs 16.99 lakh crore.

The bank’s period-end total deposits were approximately Rs 31.06 lakh crore as of March 31, 2026, rising 14.4% from Rs 27.15 lakh crore a year earlier.

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Period-end CASA deposits stood at around Rs 10.61 lakh crore, up 12.3% from Rs 9.45 lakh crore, while period-end time deposits were approximately Rs 20.45 lakh crore, registering a growth of 15.5% over Rs 17.70 lakh crore as of March 31, 2025.Also read: Sobha Q4 biz update: Sales rise 11% YoY to Rs 2,039 crore as company closes FY26 with record figuresShares of HDFC Bank have remained in focus following a leadership change at the top. Last month, the bank’s part-time Chairman and independent director, Atanu Chakraborty, resigned, citing that certain developments and practices within the bank over the past two years did not align with his personal values and ethics. “This is the basis of my aforementioned decision,” he said. Following the development, the stock has come under pressure, declining nearly 25% since the start of the year.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



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