Economy

HDFC Bank Reports 4.7% Q2 Net Profit Growth to ₹19,510 Crore

The Hindu2h
THE BRIEF
1

HDFC Bank reported a 4.7% year-on-year growth in standalone net profit at ₹19,510 crore for the quarter ended September 30, 2026.

2

Net interest income grew by 9.7% to ₹34,619 crore, while average deposits rose 16.8% and advances increased 14.1% year-on-year.

3

Deputy Managing Director Kaizad Bharucha announced he will step down from December 31, 2026, following the board's acceptance of his resignation.