HDFC Bank's deposit growth surpassed loan growth in the December 2024 quarter, with deposits increasing by 15.8% year-on-year and loans by 3%. Total gross advances stood at Rs 25.42 lakh crore, while deposits reached Rs 25.

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.

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.