HDFC Bank Shines Amid Market Chaos as Shares Rally on Strong Q4 Business Update

In a market gripped by fear and volatility, HDFC Bank emerged as a rare bright spot on April 4, delivering a dose of optimism with its quarterly business update. While broader indices struggled to stay afloat, HDFC Bank shares jumped over 3%, buoyed by strong growth in advances and deposits for the January–March quarter of FY25.

At 10:25 am, the stock was trading at Rs 1,830.5 per share on the BSE, up 2.05% from its previous close — a clear indication that investors are backing India’s largest private lender amid turbulent times.

According to the exchange filing, HDFC Bank’s total advances rose 5.4% year-on-year to Rs 26.4 lakh crore. On the deposit side, the bank posted an impressive 15.8% YoY growth, taking total deposits to Rs 25.3 lakh crore.

Retail lending grew by 9%, while the commercial and rural banking segment surged 12.8%, underlining robust demand in these pockets. However, corporate loans declined by 3.6% YoY, signaling caution among large businesses.

The CASA deposits also witnessed a moderate 5.7% growth to Rs 8.3 lakh crore, maintaining a healthy mix in the bank’s deposit base. On a quarter-on-quarter basis, gross advances and deposits grew by 4% and 5.9% respectively, reinforcing continued momentum.

Interestingly, this bullish performance comes at a time when foreign institutional investors (FIIs) have made big bets on Indian financials. FIIs net bought Rs 14,274 crore worth of financial services stocks in March 2025, even though they pulled out nearly Rs 4,000 crore from Indian equities overall. This divergence shows a rising belief that Indian banks like HDFC Bank can act as a shield against global uncertainties.

In a world jittery over trade tensions and economic uncertainty, HDFC Bank’s solid fundamentals and growth metrics are making it a preferred pick for investors looking for stability.