HDFC Bank posted a steady growth in its loan book and deposits for Q3FY26. The growth was supported by the festive season and sweeping tax cuts.
The bank’s average advances under management (AUM) rose 9.0% year-on-year (YoY) to Rs 28,63,900 crore in Q3FY26, compared with Rs 26,27,600 crore recorded in Q3FY25.
The company released its business update for the third quarter on Monday January 5. The stock opened in red following the news down nearly 1.46%.
Average deposits rise 12%
The bank’s average deposits rose 12.2% YoY to Rs 27,52,400 crore in the December 2025 quarter, compared with Rs 24,52,800 crore a year ago.
Within deposits, average CASA balances increased 9.9% YoY to Rs 8,98,400 crore, while average time deposits grew 13.4% YoY to Rs 18,53,900 crore, indicating higher traction in term deposits.
Period-end advances and deposits show steady growth
On a period-end basis, advances under management stood at Rs 29,46,000 crore as of December 31, 2025, registering a 9.8% YoY growth.
CASA deposits at period-end rose 10.1% YoY toRs 9,61,000 crore, while time deposits increased 12.3% YoY to Rs 18,98,500 crore.
HDFC Bank to announce Q3 on January 17
HDFC Bank is set to release its Q3FY26 results on January 17. “HDFC Bank is scheduled to be held on Saturday, January 17, 2026, to inter alia consider and approve the unaudited standalone and consolidated financial results of the Bank for the quarter and nine months ended December 31, 2025,” the company said in a BSE filing.
In Q2FY26, HDFC Bank reported consolidated net profit rose 10% year-on-year to Rs 19,610.67 crore.
The private lender, HDFC Bank merged with its parent HDFC in July 2023, adding a significant pool of loans but a smaller volume of deposits. This created pressure for the lender to either raise deposits or ease loan growth.
Since the merger, the bank has consistently grown deposits faster than loans to manage its loan-to-deposit ratio (LDR).
