Private Sector Bank
Quarterly Result4 April 2026 at 04:01 am

HDFC Bank's Q1 Advances and Deposits Grow by Around 10% and 14% Respectively Over Previous Year

AI Summary

HDFC Bank Ltd. has reported a growth of around 10.0% in its average advances under management for the March 2026 quarter, reaching ₹ 29,644 billion. The period end advances under management were approximately ₹ 30,575 billion, a growth of around 10.2% over the same period last year. The Bank's average deposits were ₹ 28,511 billion, a growth of around 12.8% over the corresponding period. The period end deposits were approximately ₹ 31,055 billion, a growth of around 14.4% over the previous year. The results of the Bank as of March 31, 2026, will be subjected to an audit by the statutory auditors.

Key Highlights

  • HDFC Bank's average advances under management for Q1 FY26 grew by around 10.0% to ₹ 29,644 billion.
  • The period end advances under management as of March 31, 2026, were approximately ₹ 30,575 billion, a growth of around 10.2%.
  • The Bank's average deposits for Q1 FY26 were ₹ 28,511 billion, a growth of around 12.8% over the corresponding period.
  • The period end deposits as of March 31, 2026, were approximately ₹ 31,055 billion, a growth of around 14.4%.
  • The Bank's results as of March 31, 2026, will be subjected to an audit by the statutory auditors.