HDFC Bank Share Price in Focus as Q3 FY26 Advances Rise 11.9% Year-on-Year

Shares of HDFC Bank drew investor attention after the lender released its Q3FY26 business update, indicating steady growth in advances and deposits. 

Despite a challenging operating environment and single-digit credit expansion earlier in the year, the bank recorded improved momentum in lending during the December quarter.

The update provides early insight into balance sheet trends ahead of the detailed results.

Q3FY26 Advances Growth Update

HDFC Bank reported gross advances of ₹28.4 lakh crore for Q3FY26, marking a year-on-year increase of 11.9% compared with ₹25.4 lakh crore in the same period last year. 

This represents an improvement over the previous quarter, when advances growth stood at 9.9% year-on-year.

Advances under management for the quarter were reported at ₹29.4 lakh crore, reflecting a growth of 9.8% from ₹28.6 lakh crore a year earlier.

Deposit Growth Trends

The bank’s total deposits rose to ₹28.5 lakh crore in Q3FY26, up 11.5% year-on-year from ₹25.6 lakh crore. 

Within this, CASA deposits increased to ₹9.6 lakh crore from ₹8.7 lakh crore in the corresponding quarter last year.

Time deposits also recorded growth, rising to ₹18.9 lakh crore compared with ₹16.9 lakh crore in the year-ago period, indicating stable traction across deposit categories.

Comparison with Previous Quarter

The December quarter showed stronger lending momentum compared with Q2FY26, when advances growth was reported at 9.9% year-on-year. 

The improvement suggests a gradual pickup in credit demand, supported by easing interest rate conditions and improving sector-wide lending trends.

Recent Financial Performance

In the September quarter (Q2FY26), HDFC Bank reported a 4.8% year-on-year increase in net interest income to ₹31,400 crore.

Net profit for the quarter rose 10.8% year-on-year to ₹18,600 crore, reflecting stable operating performance.

HDFC Bank Share Price Performance

HDFC Bank shares were trading lower during late morning trade on January 6, 2026. As of 11:39 IST, the stock was priced at ₹962.30, down ₹15.20 or 1.55% from the previous close of ₹977.50. The shares opened at ₹962.70 and moved within an intraday range of ₹956.00 to ₹966.00, indicating selling pressure amid active trading.

Read More:Dabur Share Price in Focus; Reports Early Signs of Demand Recovery After GST Cut Impact.

Conclusion

HDFC Bank’s Q3FY26 business update indicates improving momentum in advances alongside consistent deposit growth. 

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