HDFC Bank Q1 Update: Advances grow 7% from last year, deposits growth strong

Shares of HDFC Bank Ltd. will be in focus in Friday’s trading session after the private lender said its gross advances grew 0.4% quarter-on-quarter (QoQ) for the June quarter, while deposits were up 5.1% QoQ for the same period.HDFC Bank said its gross advances aggregated to ₹2.6 lakh crore as of June 30, a growth of 6.7% over ₹2.4 lakh crore as of June 30, 2024. The private lender said deposits stood at ₹2.6 lakh crore as of June 30, 2025, a growth of around 16.4% over ₹2.2 crore and June 30, 2024.
“During the quarter ended June 30, 2025, the Bank securitised/assigned loans of ₹3,300 crore as a strategic initiative,” the lender said in a regulatory filing.
HDFC Bank’s average CASA deposits stood at ₹8.6 lakh crore as of June 30, 2025, a growth of around 6.1% over ₹8.1 lakh crore as of June 30, 2024. Sequentially, the CASA deposits rose 3.8%.The lender’s CASA deposits period end down rose 0.8% QoQ and was up 8.5% on-year to ₹9.37 lakh crore.

Of the 49 analysts tracking HDFC Bank, 45 of them have a ‘Buy’ rating, while the other four have a ‘Hold’. HDFC Bank does not have a ‘Sell’ recommendation from analysts.

Shares of HDFC Bank Ltd. ended 0.0050% lower on Thursday at ₹1,985.90. HDFC Bank’s shares have gained nearly 12% so far in 2025, which has already made it the best year that the stock has had since 2019, when it gained 20%.