News

HDFC Bank shares fall despite first double-digit loan growth in Q3 after mergerGross advances increased 11.9% YoY to ₹28.44 lakh crore, while period-end deposits grew 11.5% YoY to ₹28.59 lakh crore. Deposit growth remained broadly in line with advances growth.By Meghna Sen  January 5, 2026, 9:29:50 AM IST (Updated)1 Min ReadShares of HDFC Bank Ltd. opened lower on Monday, January 5, after the lender released its Q3 business update, in which it signaled a return to double-digit loan growth for the first time since the merger on a normalised base.

The bank reported loan book growth of nearly 12% year-on-year for the December quarter. Average advances under management rose 9% YoY to ₹28.63 lakh crore during the quarter.

Gross advances increased 11.9% YoY to ₹28.44 lakh crore, while period-end deposits grew 11.5% YoY to ₹28.59 lakh crore. Deposit growth remained broadly in line with advances growth.

HDFC

Q3FY25

Q2FY26

Q3FY26

QoQ

YoY

Gross Advances

          25,42,600

     27,69,200

         28,44,500

2.7%

11.9%

Adv under mgmt

          26,83,900

     28,68,800

         29,46,000

2.7%

9.8%

Total Deposits

          25,63,800

     28,01,800

         28,59,500

2.1%

11.5%

Time deposits

          16,35,200

     18,33,500

         18,53,900

1.1%

13.4%

Within deposits, period-end CASA deposits rose 10.1% YoY to around ₹9.61 lakh crore.

At a broader level, system-wide credit growth stood at around 12% as of December 15, 2025.

HDFC Bank shares closed 0.92% higher on Friday at ₹1,000.25. The stock has risen 17% in the last one year.Continue ReadingFirst Published: Jan 5, 2026 8:51 AM ISTTagsHDFC BankHDFC Bank Share PriceHDFC Bank Stock Price