HDFC Bank shares gain 2% after Q1 biz update; advances rise 15.4% YoY, deposits grow 14.7%

HDFC Bank shares rose 2% after the lender reported healthy business growth for the April-June quarter of FY27. Gross advances increased 15.4% year-on-year to Rs 30.61 lakh crore, while advances under management rose 12.4% to Rs 31.27 lakh crore. Period-end deposits climbed 14.7% to Rs 31.71 lakh crore, reflecting steady credit and deposit growth.

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