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18-Jan-2026

HDFC Bank

Loan growth and margins improve, asset quality stable


'HDFC Bank has reported 11% growth in net profit at Rs 18653.75 crore for the quarter ended December 2025 (Q3FY2026). Net Interest Income (NII) increased at an improved pace of 6%, while the core fee income of the bank also improved 13% in Q3FY2026. The Net Interest Margin (NIM) of the bank improved on sequential basis to 3.35% in Q3FY2026 from 3.27% in Q2FY2026, while remained low compared to 3.43% in the corresponding quarter of previous year.

On business front, the business growth accelerated to 12% at end December 2025 from 11% at end September 2025, as the loan book growth gained to 12%. The CASA ratio of the bank has eased slightly to 33.6% at end December 2025 from 34.0% at end December 2024.

NII growth improves as NIM rises: Interest income increased 1% to Rs 76751.16 crore, while interest expenses fell 3% to Rs 44136.16 crore in Q3FY2026. NII improved 6% to Rs 32615.00 crore in Q3FY2026.

Margins improve on sequential basis:



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