HDFC Bank Reports 12.8% Increase in Average Deposits for Q4 FY26
HDFC Bank's average deposits climb 13% YoY in Q4 FY26
Business Standard
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HDFC Bank, India's largest private sector lender, reported a 12.8% year-on-year increase in average deposits, reaching ₹28,51,100 crore in Q4 FY26. The bank's CASA deposits grew by 10.8%, reflecting strong customer confidence and a robust financial position.
- 01Average deposits rose to ₹28,51,100 crore, a 12.8% increase from the previous year.
- 02CASA deposits grew by 10.8%, reaching ₹9,18,400 crore.
- 03Average time deposits increased by 13.7% to ₹19,32,700 crore.
- 04Period-end deposits surged 14.4% year-on-year to ₹31,05,500 crore.
- 05Standalone net profit for Q3 FY26 was ₹18,563.75 crore, an 11.46% increase.
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HDFC Bank's average deposits climbed 12.8% year-on-year to ₹28,51,100 crore in Q4 FY26, compared to ₹25,28,000 crore in Q4 FY25. The bank's average CASA (current account savings account) deposits also saw a 10.8% increase, totaling ₹9,18,400 crore for the March 2026 quarter. Average time deposits rose by 13.7% to ₹19,32,700 crore. Additionally, the bank's average advances under management reached ₹29,64,400 crore, reflecting a 10% growth from ₹26,95,500 crore in the same period last year. Period-end deposits increased 14.4% year-on-year to ₹31,05,500 crore, while gross advances rose by 12% to ₹29,60,000 crore. HDFC Bank's standalone net profit for Q3 FY26 was reported at ₹18,563.75 crore, marking an 11.46% increase over the previous year. The bank's extensive distribution network includes 9,616 branches and 21,176 ATMs across 4,170 cities/towns.
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The growth in deposits indicates strong customer confidence, which may lead to more lending opportunities and better interest rates for depositors.
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