HDFC Bank reported a 5 per cent year-on-year (y-o-y) increase in second quarter (Q2FY27) standalone net profit at ₹19,510 crore amid a 10 per cent growth in net interest income and a 4 per cent decline in other income.

India’s largest private sector bank, which is set to see a leadership change with Anup Bagchi, Chief of ICICI Prudential Life Insurance,set to take charge as MD & CEO for three years with effect from October 27, 2026, had logged a net profit of ₹18,641 crore in the year-ago period.

Net interest income (interest income less interest expended) rose 10 per cent y-o-y to ₹34,619 crore (₹31,551.50 crore in Q2FY26).

Other income, including commission income from non-fund based banking activities, fees, earnings from forex and derivative transactions, profit and loss (including revaluation) from investments, dividends from subsidiaries and recoveries from accounts previously written off, declined 4 per cent y-o-y to ₹13,831 crore (₹14,350 crore).

Provisions inched up 2 per cent y-o-y to ₹3,574 crore (₹3,501 crore).

Gross non-performing assets (NPAs) position improved to 1.11 per cent of gross advances as at September-end 2026 against 1.24 per cent as at September-end 2025. Net NPAs position too improved to 0.37 per cent of net advances against 0.42 per cent.

Total deposits grew by a robust 19 per cent y-o-y to stand at ₹33,27,449 crore as at September-end 2026. Advances too rose by a healthy 16 per cent y-o-y to stand at ₹31,95,566 crore as at September-end 2026.

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