HDFC Bank Limited has released its business update for the March 2026 quarter, demonstrating strong performance across key financial parameters. The bank reported consistent double-digit growth in both advances and deposits, reflecting robust business momentum and market expansion.

Advances Portfolio Shows Steady Growth

The bank's advances portfolio maintained healthy growth trajectory during Q4FY26. Average advances under management, which includes inter-bank participation certificates, bills rediscounted and securitisation/assignment, reached ₹29,644 billion for the March 2026 quarter, representing a growth of 10.0% compared to ₹26,955 billion in the corresponding March 2025 period.

The period-end advances under management stood at approximately ₹30,575 billion as of March 31, 2026, marking a 10.2% increase over ₹27,733 billion as of March 31, 2025. Meanwhile, period-end gross advances aggregated to approximately ₹29,600 billion, showing a stronger growth of 12.0% over the previous year's ₹26,435 billion.

Deposit Growth Outpaces Advances

The deposit portfolio demonstrated even more impressive growth, with average deposits for the March 2026 quarter reaching ₹28,511 billion, a substantial 12.8% increase over ₹25,280 billion in the corresponding period of the previous year. This growth was driven by expansion in both CASA and time deposits segments.

Strong Period-End Deposit Performance

The period-end deposit figures showed even stronger momentum, with total deposits reaching approximately ₹31,055 billion as of March 31, 2026, representing a robust 14.4% growth over ₹27,147 billion as of March 31, 2025. CASA deposits, which are typically lower-cost funds for banks, grew 12.3% to ₹10,605 billion, while time deposits expanded by 15.5% to ₹20,450 billion.

Regulatory Compliance and Audit

The business update was shared in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. The bank noted that the results as of March 31, 2026, will be subject to audit by the statutory auditors, ensuring transparency and regulatory compliance in financial reporting.

HDFC Bank has announced the opening of a special window for transfer and dematerialisation of physical shares, pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/i/3750/2026 dated January 30, 2026. The bank has informed all shareholders about this facility through newspaper publications in Business Standard and its Marathi translation in Navshakti on April 3, 2026.

Special Window Details

The special window has been opened for a period of one year to facilitate specific transfer and dematerialisation requirements. The facility addresses physical securities transactions that occurred before regulatory changes and previously rejected transfer requests.

Transfer Process and Restrictions

The special window covers transfer requests that were submitted earlier but were rejected, returned, or not attended to due to deficiencies in documents, processes, or other reasons. All securities transferred through this facility will be subject to specific conditions and restrictions.

Key Requirements:

• Securities will be mandatorily credited to transferees only in demat mode
• Transferred securities will be under lock-in for one year from registration date
• No transfer, lien-marking, or pledging allowed during lock-in period

Documentation and Process

Investors are encouraged to take advantage of this opportunity by furnishing necessary documents to the bank's Registrar and Transfer Agent. The designated agent for processing these requests is Datamatics Business Solutions Limited.

Regulatory Compliance

The announcement was made through official communication to both BSE Limited and National Stock Exchange of India Limited on April 3, 2026. The communication was signed by Ajay Agarwal, Company Secretary and Group Head – Secretarial & Group Oversight, ensuring compliance with regulatory requirements for shareholder notifications.