HDFC Bank Reports Robust Growth in Deposits and Advances for Q2FY26
HDFC Bank's Q2FY26 update shows significant growth. Average deposits increased by 15.1% YoY to Rs 27.15 lakh crore, while average advances grew 9% YoY to Rs 27.95 lakh crore. Period-end deposits rose 12.1% to Rs 28.01 lakh crore, and period-end advances increased 8.9% to Rs 28.69 lakh crore. CASA deposits grew 8.5% YoY to Rs 8.77 lakh crore, with time deposits up 18.6% to Rs 18.36 lakh crore. Despite positive results, HDFC Bank's shares closed flat at Rs 964.75 on BSE.

*this image is generated using AI for illustrative purposes only.
HDFC Bank , one of India's leading private sector banks, has released its quarterly business update for Q2FY26, showcasing strong growth in both deposits and advances. The bank's performance indicates resilience in its core banking operations amid a dynamic financial landscape.
Key Highlights
Metric | Amount (Rs Lakh Crore) | YoY Growth |
---|---|---|
Average Deposits | 27.15 | 15.1% |
Average Advances | 27.95 | 9.0% |
Period-end Deposits | 28.01 | 12.1% |
Period-end Advances | 28.69 | 8.9% |
Deposit Growth
HDFC Bank's average deposits reached Rs 27.15 lakh crore, marking a significant year-on-year increase of 15.1% from Rs 23.54 lakh crore in the previous year. On a sequential basis, average deposits grew by 2%. The period-end deposits stood at Rs 28.01 lakh crore, reflecting a 12.1% year-on-year growth.
Advances Growth
The bank's average advances under management stood at Rs 27.95 lakh crore, showing a 9% increase from Rs 25.64 lakh crore in the previous year. Sequentially, advances rose by 1.9%. The period-end advances were reported at Rs 28.69 lakh crore, representing an 8.9% year-on-year growth.
CASA Deposits
HDFC Bank's Current Account Savings Account (CASA) deposits saw an 8.5% year-on-year increase, reaching Rs 8.77 lakh crore. Meanwhile, time deposits grew more rapidly at 18.6%, amounting to Rs 18.36 lakh crore.
Market Response
Despite the positive quarterly update, HDFC Bank's shares closed flat at Rs 964.75 on the Bombay Stock Exchange (BSE). This muted market response suggests that the growth figures were largely in line with market expectations.
The bank's consistent growth in both deposits and advances underscores its strong position in the Indian banking sector. The higher growth rate in deposits compared to advances indicates a robust liquidity position, which could potentially support future lending activities.
Historical Stock Returns for HDFC Bank
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.04% | +3.42% | +1.82% | +11.91% | +21.59% | +69.25% |