HDFC Bank Q2 update: Average deposits grow 15% YoY, 9% rise in advances

Synopsis

HDFC Bank announced robust Q2FY26 business updates, with average deposits surging 15.1% year-on-year to Rs 27.15 lakh crore. Average advances also grew by 9% to Rs 27.95 lakh crore. The bank reported significant increases in both CASA and time deposits, reflecting strong financial performance for the quarter.

HDFC Bank, on Saturday, announced its Q2 business update, reporting a 15.1% year-on-year increase in average deposits, reaching Rs 27.15 lakh crore for the quarter ended September 30, 2025 (Q2FY26), compared to Rs 23.54 lakh crore in the same quarter last year.

Alongside this, the bank's average advances under management stood at Rs 27.95 lakh crore, up 9% from Rs 25.64 lakh crore in the year-ago period.

On a quarter-on-quarter basis, the average deposits grew by 2% from Rs 26.58 lakh crore in the June 2025 quarter, while average advances rose by 1.9% from Rs 27.42 lakh crore.

The bank's period-end figures also reflected a similar upward trajectory. Deposits as of September 30, 2025, stood at Rs 28.01 lakh crore, marking a 12.1% increase over Rs 25 lakh crore as of September 30, 2024, and a 1.4% growth over Rs 27.64 lakh crore as of June 30, 2025.

Period-end advances under management reached Rs 28.69 lakh crore, registering an 8.9% year-on-year increase and a 3.1% sequential growth.

Gross advances at period end were Rs 27.69 lakh crore, a growth of 9.9% from Rs 25.19 lakh crore in the corresponding quarter last year.

In terms of deposit composition, HDFC Bank’s average CASA (Current Account and Savings Account) deposits for Q2FY26 rose by 8.5% year-on-year to Rs 8.77 lakh crore.

Average time deposits grew by 18.6% to Rs 18.36 lakh crore. On a period-end basis, CASA deposits increased by 7.4% to Rs 9.5 lakh crore, and time deposits rose by 14.6% to Rs 18.52 lakh crore as of September 30, 2025.

On Friday, the shares of HDFC Bank closed flat at Rs 964.75 on the BSE.

Also read: Yes Bank Q2 update: Advances grow 6.5% YoY, deposits see 7% uptick

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