New Delhi: Ahead of the second-quarter (Q2 FY26) earnings announcements, private lenders HDFC Bank, IDBI Bank, and Kotak Mahindra Bank have reported growth in their net advances, according to provisional estimates.

In a regulatory filing, Kotak Mahindra Bank said its net advances rose 15.8 per cent year-on-year (YoY) to ₹4.62 lakh crore in the July–September quarter, compared with ₹4.44 lakh crore in the previous quarter, marking a 4 per cent sequential rise.

The bank’s total deposits climbed 14.6 per cent YoY to ₹5.28 lakh crore, up from ₹4.61 lakh crore in the same period last year. Sequentially, deposits increased 3.1 per cent from ₹5.12 lakh crore in the June quarter.

Meanwhile, HDFC Bank, India’s largest private sector lender, reported that its total advances grew 9.9 per cent YoY to ₹27.69 lakh crore in the September quarter. Its total deposits increased 12.1 per cent YoY to ₹28.01 lakh crore, while current account and savings account (CASA) deposits advanced 7.4 per cent to ₹9.49 lakh crore.

In the same quarter last year, HDFC Bank’s total advances stood at ₹25.19 lakh crore. For the quarter ended June 30, 2025, the lender had reported gross advances of ₹26.53 lakh crore and period-end deposits of ₹27.64 lakh crore.

IDBI Bank also posted growth, stating that its total business rose 12 per cent YoY in the September quarter to ₹5.33 lakh crore, compared with ₹4.78 lakh crore a year earlier.

The lender’s total deposits increased 9 per cent YoY to ₹3.03 lakh crore, while net advances expanded 15 per cent to ₹2.30 lakh crore. Its CASA deposits stood at ₹1.39 lakh crore, up 4 per cent from ₹1.33 lakh crore in the same period last year.

IANS