HDFC Bank Deposits Rise 14% to ₹31.06 Lakh Crore

HDFC Bank has reported stronger deposit growth compared to its assets under management (AUM), going against the broader industry trend where credit growth has been outpacing deposit expansion.

Deposit Growth Outpaces AUM Expansion

According to the bank’s latest update, deposits grew 14.4% year-on-year to reach ₹31.06 lakh crore by the end of March. During the same period, AUM increased by 10.2% year-on-year to ₹30.58 lakh crore. This indicates that the bank’s deposit base expanded at a faster pace than its asset growth, a development that contrasts with the broader banking sector trend.

CASA Deposits Show Healthy Growth

On the liability side, the bank’s current account and savings account (CASA) deposits reached ₹10.61 lakh crore. This represents a year-on-year increase of 12.3%. Strong CASA growth is significant for banks as it provides a relatively low-cost source of funds and supports profitability.

Industry Trend and AU Small Finance Bank Performance

Data released by the Reserve Bank of India shows that, as of March 15, bank credit in the industry grew 13.8% year-on-year, which is about 300 basis points higher than deposit growth. However, some banks have managed to outperform this trend. 

AU Small Finance Bank also reported strong deposit expansion, with deposits rising 22.8% year-on-year to ₹1.53 lakh crore, surpassing the growth of its gross loan portfolio.

HDFC Bank Share Price Today

On April 6, 2026, HDFC Bank share price opened at ₹759.00, touching the day’s low at ₹746.10, as of 9:38 AM on the NSE.

Also Read: HDFC Bank Board Approved Reappointment of Sunita Maheshwari as an Independent Director!

Conclusion

The deposit growth reported by HDFC Bank and AU Small Finance Bank suggests that certain lenders are successfully strengthening their liability base. This trend could support stable funding and continued lending capacity in the coming quarters.

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