Private sector lender HDFC Bank reported a 12 per cent year-on-year (Y-o-Y) rise in gross advances to about Rs 29.6 trillion as of March-end 2026, whereas deposits grew quicker at 14.4 per cent to Rs 31.06 trillion.
The newest provisional numbers launched on Saturday by HDFC Bank and Bank of Baroda confirmed that mortgage progress continues to outpace deposits.
Private sector lender HDFC Bank reported a 12 per cent year-on-year (Y-o-Y) rise in gross advances to about Rs 29.6 trillion as of March-end 2026, whereas deposits grew quicker at 14.4 per cent to Rs 31.06 trillion. Average advances below administration rose 10 per cent Y-o-Y throughout the quarter, whereas common deposits elevated 12.8 per cent.
Within deposits, time deposits remained the important thing driver, rising 15.5 per cent Y-o-Y on a period-end foundation, in contrast with a 12.3 per cent rise in low-cost present and financial savings account (CASA) balances. CASA deposits stood at Rs 10.61 trillion on the finish of March 2026, up 12.3 per cent year-on-year, whereas time deposits rose 15.5 per cent year-on-year to Rs 20.45 trillion.
Public sector lender Bank of Baroda additionally reported strong progress throughout segments. Its world advances rose 16.23 per cent Y-o-Y to Rs 14.30 trillion, outpacing deposit progress of 12 per cent, which stood at Rs 16.49 trillion on the finish of March 2026. Domestic retail advances expanded by 17.93 per cent and home advances grew by 14.56 per cent to Rs 11.70 trillion. Overall enterprise progress for the financial institution stood at almost 14 per cent.
First Published: Apr 04 2026 | 5:54 PM IST