Notably, HDFC Bank offers rates between 10.85% and 24.00%, while the State Bank of India provides attractive rates starting from 11.45% with no processing fee.

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 reports a 3% increase in loan growth in the December quarter, reaching Rs 25.42 lakh crore. Total deposits also saw a significant rise to Rs 25.63 lakh crore.

HDFC Bank shares decline as loan-to-deposit ratio falls, leading brokerages maintain positive outlook on improved deposit growth.

HDFC Bank reported a minor 3% growth in loans at Rs 25.42 lakh crore for the December quarter. Total deposits grew 15.8% to Rs 25.63 lakh crore. Indian Bank showed 9.6% credit growth with 7.3% rise in deposits for the same period.

HDFC Bank’s gross advances in the third quarter of FY25 increased 3% year-on-year (YoY) to ₹2,54,250 crore. The gross advances grew 0.9% sequentially.

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.

HDFC Bank's business update indicated an advances growth of just 3% on a year-on-year basis. On a sequential basis, the advances growth was only 0.9%.

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.