7/1011 sources · 10 publishersUpdated Oct 8, 20:39 UTC
HDFC Bank deposits outpace advances in September-quarter update
HDFC Bank reported that total deposits reached ₹33,275 billion as of September 30, 2026, increasing 18.8% year on year. Gross advances were ₹32,195 billion, up 16.3% from a year earlier. The lender also mobilized USD 11.5 billion of foreign-currency deposits through the Reserve Bank of India’s FCNR(B) swap facility.
Why it matters
Material 5 says the gap between faster time-deposit growth and slower CASA growth keeps funding costs and net interest margins in focus. The update gives investors a view of balance-sheet growth before the bank’s formal quarterly results.
Key facts
- 1Average advances under management were ₹31,872 billion for the September 2026 quarter, a 14.0% increase from a year earlier. scanx.trade
- 2Average deposits were ₹31,665 billion, up 16.8% year on year. scanx.trade
- 3The foreign-currency deposits supported USD 5.7 billion in loans by the bank’s overseas branches. scanx.trade
- 4The business-update figures are provisional and subject to a limited review by the bank’s statutory auditors. niftytrader.in
- 5The bank issued USD 2.5 billion of US dollar-denominated senior unsecured bonds during June-August 2026. niftytrader.in
Open questions
- Material 10 calls the update Q3 2026, while the other materials describe it as Q2 FY27 or the September quarter.
Summary written by AlphAI from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.