Leading private sector lender is expected to report subdued growth in its bottomline for the September quarter, dragged down by weak loan growth, reflecting the underlying changes that the bank is undertaking to improve the credit-to-deposit ratio.

India’s largest private lender’s total income increased to ₹85,500 crore during the quarter under review, compared to ₹78,406 crore in the same period last year.

HDFC Bank is expected to report a 11.5 percent YoY increase in Net Interest Income (NII) at Rs 30,306 crore in the July-to-September quarter. Further, the lender is estimated to report a net profit of Rs 16,

HDFC Bank has reported a 5% year-on-year (YoY) increase in its net profit for the second quarter of FY25, reaching ₹16,821 crore. The figure surpasses the average estimate of ₹16,570 crore as projected by seven brokerages. Despite the ongoing economic challenges, India's largest private-sector bank has shown robust performance for Q2.

While the profitability of HDFC Bank is anticipated to remain steady, net interest margin (NIM) is expected to recover gradually.

The bank's credit deposit ratio was at 99.8, the first time that the number has fallen below the 100 per cent mark since the merger of mortgage major parent HDFC into itself in July 2023. Without giving a timeline or a desired level, Vaidyanathan said it would like to bring down the level further.

HDFC Bank's standalone net profit for Q2FY25 increased by 5% to Rs 16,821 crore, with total deposits rising by 15.06% YoY to Rs 25,00,100 crore. The bank's total income for the quarter reached Rs 85,500 crore,

HDFC Bank's net revenue grew by 9.2 per cent to Rs 41,600 crore for the quarter, up from Rs 38,090 crore for the same quarter last year.

Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, increased 20%, coming at ₹2,300.4 crore against ₹1,