HDFC Bank Q3 Update: Strong Loan, Deposit Growth & Robust CASA Boost Investor Confidence
Share Market
C
CNBC Awaaz•05-01-2026, 08:09
HDFC Bank Q3 Update: Strong Loan, Deposit Growth & Robust CASA Boost Investor Confidence
- •HDFC Bank's Q3 business update reveals strong double-digit annual growth in both loans and deposits, indicating sustained credit demand and balanced funding.
- •Gross advances surged 11.9% YoY to ₹28.44 lakh crore, while total deposits grew 11.5% YoY to ₹28.59 lakh crore, showing a healthy expansion of the bank's book.
- •CASA deposits increased by 10.1% YoY to ₹9.6 lakh crore, providing the bank with low-cost funds crucial for maintaining margins amidst interest rate uncertainties.
- •Average deposits also rose 12.2% YoY to ₹27.52 lakh crore, signifying continuous fund inflow throughout the quarter.
- •While the update is positive, investors now keenly await the full Q3 results to assess margins, asset quality, and credit costs for future share direction.
Why It Matters: HDFC Bank shows robust Q3 growth in loans, deposits, and CASA; investors await full results.
✦
More like this
Loading more articles...
