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HDFC Bank Posts Double-Digit Growth in Advances and Deposits for March 2026 Quarter

Story Highlights
  • HDFC Bank’s advances under management grew around 10% year-on-year in the March 2026 quarter.
  • The bank’s deposits rose nearly 13% on average, with period-end balances up 14.4% by March 31, 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HDFC Bank Posts Double-Digit Growth in Advances and Deposits for March 2026 Quarter

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Hdfc Bank ( (HDB) ) just unveiled an announcement.

HDFC Bank reported that its average advances under management for the March 2026 quarter rose about 10% year-on-year to ₹29.64 trillion, with period-end advances under management up 10.2% to ₹30.58 trillion and gross advances up 12% to ₹29.60 trillion as of March 31, 2026. Over the same period, average deposits grew 12.8% to ₹28.51 trillion, while period-end deposits climbed 14.4% to ₹31.06 trillion, underscoring robust balance-sheet expansion and sustained growth in both CASA and time deposits ahead of audited full-year results.

The most recent analyst rating on (HDB) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on Hdfc Bank stock, see the HDB Stock Forecast page.

Spark’s Take on HDB Stock

According to Spark, TipRanks’ AI Analyst, HDB is a Neutral.

The score is led by strong underlying financial performance and a constructive (but not unqualified) earnings outlook. These positives are tempered by very weak technicals (price below all key moving averages with negative MACD and very low RSI/Stoch) and only moderate valuation support despite a strong dividend yield.

To see Spark’s full report on HDB stock, click here.

More about Hdfc Bank

HDFC Bank Limited is one of India’s largest private sector banks, offering a full suite of retail and corporate banking products, including loans, deposits and transaction services. Listed in the U.S. as a foreign private issuer, it focuses on both asset growth and a strong deposit franchise, with a notable emphasis on low-cost current and savings account (CASA) balances.

Average Trading Volume: 9,029,363

Technical Sentiment Signal: Sell

Current Market Cap: $124.4B

See more data about HDB stock on TipRanks’ Stock Analysis page.

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