HDFC Bank Q3 Net Profit Jumps 11.5% to Rs 18,654 Cr; Asset Quality Stable, Loans Soar

• HDFC Bank reported an 11.5% year-on-year increase in standalone net profit, reaching Rs 18,654 crore for Q3 FY26.
• Net Interest Income (NII) grew by 6.4% to Rs 32,620 crore, with core net interest margin at 3.35% on total assets.
• Asset quality remained stable, with Gross NPA ratio improving to 1.24% and Net NPA ratio easing to 0.42%.
• Total deposits rose 11.6% to Rs 28.6 lakh crore, and gross advances increased 11.9% to Rs 28.45 lakh crore.
• The bank's capital adequacy ratio stood strong at 19.9% under Basel III norms, well above regulatory requirements.

Why It Matters: HDFC Bank demonstrates robust Q3 performance with double-digit profit and loan growth, alongside stable asset quality.