HDFC Bank’s gross advances in the third quarter of FY25 increased 3% year-on-year (YoY) to ₹2,54,250 crore. The gross advances grew 0.9% sequentially.

HDFC Bank shares decline as loan-to-deposit ratio falls, leading brokerages maintain positive outlook on improved deposit growth.

MUMBAI: India’s HDFC Bank, the country’s biggest private lender, says its quarter-on-quarter deposit growth outpaced loan growth in the three months to Dec 31.

Notably, HDFC Bank offers rates between 10.85% and 24.00%, while the State Bank of India provides attractive rates starting from 11.45% with no processing fee.

India's HDFC Bank saw quarter-on-quarter deposit growth outpace loan growth in the three months to December 31, the country's biggest private lender said on Saturday.

HDFC Bank's Q3FY25 gross advances stood at ₹2,54,250 crore, marking a 0.9% sequential growth (QoQ) and a 3% year-on-year (YoY) increase.

The country's biggest private sector lender, HDFC Bank, on Saturday said it has registered a marginal 3 per cent increase in loan growth at Rs 25.42 lakh crore in the December quarter.