HDFC Bank Q1 business update: Gross advances rise 15% to Rs 30.61 lakh crore

HDFC Bank on Saturday reported gross advances at Rs 30.61 lakh crore at the end of the April-June quarter of FY27, marking a 15.4% year-on-year (YoY) rise from Rs 26.53 lakh crore reported in the corresponding quarter of the previous financial year.

India’s largest private lender’s period-end advances under management stood at around Rs 31.27 lakh crore as of June 30, 2026. This implies a growth of around 12.4% YoY over Rs 27.82 lakh crore advances under management reported as of June 30, 2025.

HDFC Bank’s period end deposits meanwhile rose 14.7% YoY to Rs 31.71 lakh crore at the end of the first quarter of FY27, as against Rs 27.64 lakh crore reported at the end of the corresponding quarter of FY26.


The private lender’s period end CASA deposits were approximately Rs 10.26 lakh crore as of June 30, 2026, marking a growth of around 9.4% over Rs 93.70 lakh crore as of June 30, 2025.

HDFC Bank share price

HDFC Bank shares gained around 1% in one week and over 6% in one month to close at Rs 801.05 apiece on Friday. The shares of the Indian’s private lender have fallen over 19% in 2026 so far and 7% in three years, while delivering over 8% returns over five years.

The company currently has a market capitalisation of more than Rs 12.34 lakh crore. HDFC Bank shares saw a sharp selloff in March this year after its former part-time Chairman Atanu Chakraborty resigned, stating that some practices within the bank were not matching with his personal values and ethics. "Certain happenings and practices within the bank that I have observed over the last two years are not in congruence with my personal values and ethics. This is the basis of my aforementioned decision,” Chakraborty wrote in his resignation letter.

HDFC Bank recently appointed Rajiv Kumar, a former IAS officer and ex-Chief Election Commissioner of India, as its Part-time (Non-Executive) Chairman, concluding a months-long search after the abrupt exit of Atanu Chakraborty in March.

HDFC Bank last Monday also announced that its board has approved the appointment of Puneet Sharma as the Chief Financial Officer - Designate (CFO-Designate) with effect from September 1 and as Chief Financial Officer with effect from December 1.

India’s largest private lender by both assets and market capitalisation also appointed Jigar Shah as the general counsel. He is currently managing director and head of compliance at a local subsidiary of bulge-bracket private equity firm KKR.

(With inputs from agencies)
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