In India’s banking sector, three major private lenders—HDFC Bank, IDBI Bank, and Kotak Mahindra Bank—report a solid rise in their loan books for the July‑September quarter of FY26, just before the next round of earnings releases.
Kotak Mahindra Bank
Kotak told regulators it increased its net advances by 15.8 % year‑on‑year to ₹4.62 lakh crore, making the quarter the bank’s best loan growth yet. The jump followed a 4 % sequential rise from ₹4.44 lakh crore in the period before. At the same time, total deposits climbed 14.6 % to ₹5.28 lakh crore, up 3.1 % from the previous quarter’s ₹5.12 lakh crore.
HDFC Bank
India’s largest private‑sector lender said its total advances grew 9.9 % on a year‑over‑year basis to ₹27.69 lakh crore. Deposits at the bank also rose, increasing 12.1 % to ₹28.01 lakh crore. Current and savings account deposits up 7.4 % reached ₹9.49 lakh crore. In comparison, the bank’s advances last year were ₹25.19 lakh crore, showing solid expansion.
IDBI Bank
IDBI lifted its total business 12 % on a year‑over‑year basis to ₹5.33 lakh crore from ₹4.78 lakh crore. Net advances grew 15 % to ₹2.30 lakh crore and deposits rose 9 % to ₹3.03 lakh crore. Cash‑and‑Securities‑Accounts, or CASA deposits, reached ₹1.39 lakh crore, a 4 % increase from a year ago.
Overall, the three banks reported stronger loan growth and higher deposit levels, indicating a robust backing of the credit market for the rest of the quarter. As India’s private banking sector expands, investors and customers watch these figures closely ahead of upcoming earnings announcements.
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