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Informist, Saturday, Jan. 17, 2026

 

--HDFC Bank: To achieve CD ratio of 90-96% FY26, 85-90% likely by FY27-end 
--CONTEXT: Comments by HDFC Bank mgmt at post-earnings call with analysts 

--HDFC Bank: Current deposit, income growth enough to reach FY26 CD ratio aim 
--HDFC Bank: May bring down CD ratio near-to-below 90% in 1-2 yrs 

 

By Krity Ambey and Sagar Sen

 

NEW DELHI - HDFC Bank Ltd., which has been witnessing a credit-to-deposit ratio of over 95% since its merger with Housing Development Finance Corp. Ltd. in 2023, aims to bring the ratio to the range of 90–96% in the current financial year and then cut it down further to 85-90% by the end of 2026-27 (Apr-Mar), the management said Saturday. The bank's CD ratio was 98.7% in the December quarter, according to the management.

 

HDFC Bank expects its deposits to grow faster than the average deposit growth for the banking system in FY27, which is likely to help it bring CD ratio within the estimated range, the management said at a call with analysts after the December quarter earnings. There could be a possibility of the CD ratio being 96% at the end of FY26 and at 90% at the end of FY27, the management added. 

 

India's largest private sector bank reported a net profit of INR 186.54 billion, up 11.5% on year, in the December quarter, as its provisions fell 10% on year and other income jumped nearly 16% on year. The lender's total income for the quarter was INR 900.05 billion, up 3% on year. 

 

With the current income and deposit growth, HDFC Bank is confident of bringing down the CD ratio to 90–96% in FY26, the management said. The bank's deposits grew 12% on year in the December quarter. Shares of the bank, which declared its earnings Saturday, had ended 0.6% higher on Friday at INR 931.10 on the National Stock Exchange.  End

 

Edited by Vandana Hingorani

 

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