HDFC Bank Reports Strong Double-Digit Credit and Deposit Growth in Q4 FY26

HDFC Bank posted robust business growth for the quarter ended March 31, 2026, with gross advances rising 12% YoY to ₹29.60 lakh crore, and average advances up 10% to ₹29.64 lakh crore. Deposits grew even faster, increasing 14.4% YoY to ₹31.05 lakh crore, with reported deposits at ₹20.45 lakh crore — up 15.5% from a year ago. The strong balance sheet expansion reflects sustained demand across retail and corporate segments. Brokerages expect net profit to grow 5.8–9% YoY, led by stable NIMs and improved operating leverage. MOFSL sees net profit at ₹19,198 crore on 5% NII growth, retaining a ‘Buy’ rating with a ₹1,100 target. YES Securities projects ₹18,640 crore profit, citing sequential improvement in yields, fee income, and cost control. Slippages and provisions are expected to ease seasonally. With loan growth around 3.5% sequentially, healthy asset quality, and margin resilience, HDFC Bank is seen closing FY26 on a strong note ahead of its April 18 earnings announcement. The results reinforce its position as India’s leading private sector lender. It also might provide relief to shareholders post the turmoil of last month.