HDFC Bank Reports 15% Growth in Deposits and 12% in Advances for Q4 2026
HDFC Bank Q4 business update: Lender reports 15% YoY growth in deposits, advances jump 12%
The Economic TimesImage: The Economic Times
HDFC Bank, India's largest private lender, reported a 15% year-on-year growth in deposits and a 12% increase in advances for the fourth quarter of 2026. The bank's total deposits reached approximately ₹31.06 lakh crore while advances stood at ₹30.58 lakh crore, reflecting strong financial performance amidst recent leadership changes.
- 01HDFC Bank's total deposits grew to approximately ₹31.06 lakh crore.
- 02The bank's advances increased to about ₹30.58 lakh crore.
- 03Average deposits rose by 12.8% year-on-year.
- 04Leadership changes have impacted the bank's stock performance.
- 05CASA deposits grew by 12.3% over the previous year.
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HDFC Bank, the largest private lender in India, released its fourth-quarter business update for March 2026, showcasing a 15% year-on-year growth in total deposits, which reached approximately ₹31.06 lakh crore. The bank's average deposits stood at ₹28.51 lakh crore, marking a 12.8% increase from the previous year. In terms of advances, the total reached about ₹30.58 lakh crore, reflecting a 12% growth compared to ₹27.73 lakh crore a year earlier. Notably, average CASA (Current Account Savings Account) deposits increased by 10.8%, while time deposits grew by 13.7%. Despite this positive financial performance, the bank's shares have faced pressure, declining nearly 25% since the beginning of the year, following the resignation of part-time Chairman Atanu Chakraborty, who cited misalignment with his personal values as the reason for his departure.
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The growth in deposits and advances indicates a strong financial position for HDFC Bank, which could lead to more competitive loan rates and better savings options for customers.
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