Shares of HDFC Bank, India’s largest private lender, rose 2% to an intraday high of Rs 816 on the BSE on Monday after the bank reported healthy growth in advances and deposits for the April-June quarter of FY27.

The bank's gross advances stood at Rs 30.61 lakh crore as of June 30, 2026, marking a 15.4% year-on-year (YoY) increase from Rs 26.53 lakh crore in the corresponding quarter of the previous financial year.

Advances under management at the end of the quarter were approximately Rs 31.27 lakh crore, up about 12.4% from Rs 27.82 lakh crore a year earlier.

On the liabilities side, period-end deposits rose 14.7% YoY to Rs 31.71 lakh crore, compared with Rs 27.64 lakh crore at the end of the April-June quarter of FY26.

The bank's period-end CASA deposits were approximately Rs 10.26 lakh crore as of June 30, 2026, reflecting a growth of around 9.4% over Rs 93.70 lakh crore recorded as of June 30, 2025.

HDFC Bank shares have gained 6% in the last month. Despite the recent recovery, the stock has declined over 19% so far in 2026 and is down 7% over the past three years. Over a five-year period, however, it has delivered returns of more than 8%.

The lender currently commands a market capitalisation of over Rs 12.34 lakh crore.

The stock came under sharp selling pressure in March after former part-time Chairman Atanu Chakraborty stepped down, saying certain practices within the bank were not aligned with his personal values and ethics.

"Certain happenings and practices within the bank that I have observed over the last two years are not in congruence with my personal values and ethics. This is the basis of my aforementioned decision," Chakraborty said in his resignation letter.

More recently, HDFC Bank appointed former IAS officer and ex-Chief Election Commissioner of India Rajiv Kumar as its Part-time (Non-Executive) Chairman, bringing to an end a months-long search following Chakraborty's resignation.

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Last Monday, the lender also said its board had approved the appointment of Puneet Sharma as Chief Financial Officer-Designate with effect from September 1. He will take over as the bank's Chief Financial Officer from December 1.

In another senior management appointment, HDFC Bank named Jigar Shah as its General Counsel. He currently serves as Managing Director and Head of Compliance at the local subsidiary of bulge-bracket private equity firm KKR.