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HDFC BANK (HDB)

Earnings summaries and quarterly performance for HDFC BANK.

Executive leadership at HDFC BANK.

Board of directors at HDFC BANK.

Recent press releases and 8-K filings for HDB.

HDFC Bank Ltd Reports Q2 FY 2026 Results with NIM Compression and Strategic Growth Initiatives
HDB
Earnings
Guidance Update
New Projects/Investments
  • HDFC Bank Ltd (HDB) experienced an 8 basis point compression in Net Interest Margin (NIM) in Q2 FY 2026 due to front-loading of interest rate cuts on the asset side, but anticipates tailwind effects on NIMs from deposit pricing over the next 6 to 12 months.
  • The bank reported accelerated loan growth across segments and market share gains in deposits during Q2 FY 2026, with a strategic objective to grow faster than the market in FY 2027 and bring its Loan-to-Deposit Ratio (LDR) below 90%.
  • HDB maintained healthy asset quality and increased contingent provisions by INR 1,600 crore and general provisions by INR 600 crore in Q2 FY 2026, with general provisions now at approximately 41 basis points of loans.
  • The bank is investing in technology, including GenAI, and distribution to re-engineer processes, enhance customer experience, and drive operating leverage over the medium to long term.
  • Home loan turnaround times have been significantly reduced to two days for individual loans and three days for self-employed loans, with strong cross-selling penetration for products like credit cards (over 14%) and savings accounts (98-99%).
Oct 18, 2025, 12:30 PM
HDFC Bank Discusses Q2 FY 2026 Performance and Outlook
HDB
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • HDFC Bank reported a compression in Net Interest Margin (NIM) of eight basis points in Q2 FY 2026 due to front-loading of interest rate cuts on the asset side, but anticipates tailwinds from deposit repricing over the next six to twelve months.
  • The bank is accelerating loan growth across segments, aiming to grow in line with the system in FY 2026 and faster in FY 2027, with average deposit growth of approximately 15% year on year.
  • Asset quality remains very healthy, though recoveries in Non-Performing Loan (NPL) movement included a 10 basis point one-off upgrade in Q2 FY 2026.
  • The Loan-to-Deposit Ratio (LDR) is targeted to fall below the 90 mark from 96 and change at the start of the year, reflecting a strategic objective to improve the deposit mix.
  • The bank maintains high capital ratios and expects to consume capital as it returns to a faster growth trajectory, particularly with a retail-oriented mix.
Oct 18, 2025, 12:30 PM

Quarterly earnings call transcripts for HDFC BANK.

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