HDFC Bank is scheduled to released its second quarter results on October 18. Ahead of its results the company released its business update for Q2. Here are key highlights.
Advances rise 9% year-on-year
The bank’s gross advances stood at Rs 27.69 lakh crore, up nearly 9.9% on year basis and up 4% on quarterly basis. Its average advances under management stood at Rs 27.95 lakh crore for the September quarter, up 9% from Rs 25.64 lakh crore in the same quarter last year. Sequentially, advances grew 1.9% from Rs 27.42 lakh crore in the June quarter.
HDFC Bank’s advances under management up to Rs 28.69 lakh crore
As of September 30, 2025, HDFC Bank’s total advances under management stood at Rs 28.69 lakh crore, reflecting a growth of 8.9% year-on-year and 3.1% quarter-on-quarter.
Deposits see double-digit growth
On the deposits front, HDFC Bank reported an average deposit base of Rs 27.10 lakh crore during the September quarter, registering a 15.1% rise over Rs 23.54 lakh crore in the corresponding quarter last year, and a 2% rise over Rs 26.58 lakh crore in the previous quarter.
CASA deposits grew 7.4%
Average current and savings account (CASA) deposits rose 8.5% year-on-year to Rs 8.77 lakh crore, while time deposits increased 18.6% to Rs 18.34 lakh crore.
As of September 30, the bank’s total deposits stood at Rs 28.02 lakh crore, marking a 12.1% year-on-year rise and a 1.4% increase sequentially. CASA deposits at the end of the quarter were Rs 9.49 lakh crore, up 7.4% from a year earlier.