HDFC Bank Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong growth in deposits and loans.

HDFC Bank, India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two to three years, its chief financial officer said on Saturday.The bank's LDR was at around 86-87% prior to its merger with parent Housing Development Finance Corporation in July 2023,

The bank reported a net interest income (NII) of Rs 30,110 crore for Q2 FY25, reflecting a 10 per cent increase compared to the same period last year, driven by growth in advances

On HDFC Bank said that its net profit for the second quarter of the fiscal year 2025 was Rs 16,820 crore, up 5% from Rs 15,976 crore during the same time the previous year.

HDFC Bank, India's largest private lender, beat analysts' forecasts for July-September profit on Saturday, helped by higher core lending income, while margins were slightly lower on a sequential basis.

HDFC Bank has reported a 5% year-on-year (YoY) increase in its net profit for the second quarter of FY25, reaching ₹16,821 crore. The figure surpasses the average estimate of ₹16,570 crore as projected by seven brokerages. Despite the ongoing economic challenges, India's largest private-sector bank has shown robust performance for Q2.

HDFC Bank , India’s largest private sector lender, has announced a net profit of Rs 16,821 crore for the second quarter of fiscal year 2024-25, reflecting a 5 per cent year-on-year increase and surpassing analysts' expectations.