HDFC Bank shares in focus as Q3 advances grow 11.9% YoY to ₹28.4 lakh crore

Shares of HDFC Bank will remain in focus on Monday after the largest private sector lender announced its Q3FY26 business updates on Monday morning. The shares have delivered nearly 15% returns in 2025.

The advances under management for Q3FY26 stood at ₹29.4 lakh crore, up by 9.8% YoY from ₹28.6 lakh crore in the same period last year. The gross advances for the quarter jumped 11% YoY to ₹28.4 lakh crore from ₹25.4 lakh crore.

The growth in advances remains strong compared to the previous quarter’s growth for the same metrics. The Q2FY26 advances growth stood at 9.9% YoY vs 11.9% in the Q3FY26.

On the deposits front, the overall deposits for the bank stood at ₹28.5 lakh crore as compared to ₹25.6 lakh crore, up by 11.5%. While the CASA deposits for the quarter stood at ₹9.6 lakh crore, up from ₹8.7 lakh crore. While the time deposits for the bank stood at ₹18.9 lakh crore as against ₹16.9 lakh crore in the previous year’s same quarter.

With a steady cut in the interest rates by the Reserve Bank of India, the lending profile for the entire banking sector has improved with double-digit advances growth across the board. Private sector lenders like HDFC Bank have maintained their pole position in terms of overall lending throughout the FY26 despite structural headwinds.

The private sector leader reported 4.8% YoY jump in net interest income in Q2FY26 at ₹31,400 crore and 10.8% YoY jump in the net profit at ₹18,600 crore for the same quarter.

Despite the strong in advances and deposits, the higher LDR ratio above 100 could weigh on the investor sentiment on Monday. However, the actual results for Q3FY26 could bring more clarity on margins and profitability.