HDFC Bank has reported a strong financial performance for FY2025-26 despite a challenging global economic environment marked by geopolitical tensions, trade disruptions and market volatility. The Bank recorded healthy growth across key business parameters, supported by resilient domestic demand, prudent risk management, technology-led transformation and strong corporate governance.
The Bank’s advances grew by 12.1% year-on-year to Rs 29.37 lakh crore, while total deposits increased by 14.4% to Rs 31.05 lakh crore, outperforming overall banking system deposit growth. Net revenue rose to Rs 1.91 lakh crore, and profit after tax increased 10.9% to Rs 74,671 crore. The Bank’s balance sheet expanded by 11.6% to Rs 43.65 lakh crore, reflecting sustained business momentum and healthy asset quality.
Chairman Keki M. Mistry said India remained one of the world’s fastest-growing major economies despite global uncertainties and reaffirmed the Bank’s confidence in the country’s long-term growth prospects. He highlighted that the merger of HDFC Ltd. with HDFC Bank continues to deliver strong synergies, particularly in the housing finance business, while cross-selling opportunities are steadily expanding. He also emphasized that Artificial Intelligence, especially Generative AI, will play a defining role in the next phase of banking, with innovation being driven through the Bank’s in-house AI platform, Neev, while maintaining the highest standards of governance, transparency and customer trust.
Managing Director & CEO Sashidhar Jagdishan said the Bank delivered healthy growth while maintaining its traditionally strong asset quality. He noted that technology has become central to the Bank’s operations, with AI being embedded across customer service, retail assets, trade operations and internal workflows. The Bank continues to invest in digital platforms, cybersecurity and AI-enabled capabilities to deliver faster, more secure and seamless customer experiences while strengthening operational resilience.
HDFC Bank also highlighted significant progress in corporate governance during the year, including the successful listing of HDB Financial Services Limited through its Initial Public Offering. Following the resignation of the former Chairman, the Board initiated an independent legal review, reaffirming its commitment to transparency, accountability and the highest governance standards. The Board has appointed Rajiv Kumar as Part-time Chairman and Independent Director, subject to regulatory and shareholder approvals.
On the social impact front, HDFC Bank’s flagship CSR programme Parivartan has positively impacted over 10.7 crore lives across all 28 States and 8 Union Territories. The programme now covers more than 11,000 villages, including 498 border villages, through initiatives focused on rural development, education, healthcare, livelihood enhancement, financial inclusion and natural resource management.
Looking ahead, HDFC Bank remains optimistic about India’s long-term economic outlook and is committed to driving sustainable growth through innovation, responsible banking, customer-centricity and strong governance while continuing to create long-term value for all stakeholders.
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