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Bloomberg Quint
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HDFC Bank Shares Up As Q1 Deposit Growth Higher Than Loans
- HDFC Bank's Q1 FY26 gross advances increased 6.7% year-on-year to Rs 26,530 crore.
- Period-end deposits rose 16.2% year-on-year to Rs 27,640 crore.
- HDFC Bank shares gained 0.8% in the market, with over Rs 10,000 crore added in market capitalization.
- Analysts are bullish on HDFC Bank, with 45 out of 49 analysts giving a 'buy' rating on the stock.
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