HDFC Bank and ICICI Bank, two of India’s largest private sector lenders, are set to announce their financial results for the fourth quarter of FY2024-25 on Saturday, according to BSE calendar.
As of March 31, 2025, HDFC Bank’s period-end advances stood at Rs 27.73 lakh crore, up 7.7 per cent year-on-year from Rs 25.76 lakh crore last year, according to report by IIFL Capital.On a quarterly basis, advances rose 3.3 per cent from Rs 26.83 lakh crore in December 2024. Retail loans grew 9 per cent year-on-year, while commercial and rural banking loans increased 12.8 per cent. However, corporate and other wholesale loans declined 3.6 per cent, moderating the overall loan growth. Gross advances were Rs 26.43 lakh crore, up 5.4 per cent from Rs 25.08 lakh crore in March 2024, as per the report.
The bank also securitised and assigned Rs 10,700 crore worth of loans during Q4, bringing the total for FY25 to Rs 57,000 crore. HDFC Bank also saw healthy growth in its deposit base. Period-end deposits rose 14.1 per cent year-on-year to Rs 27.14 lakh crore from Rs 23.79 lakh crore. On a quarterly basis, deposits grew 5.9 per cent. CASA deposits stood at Rs 9.44 lakh crore, a 3.9 per centrise year-on-year and 8.2 per cent% quarter-on-quarter.Time deposits saw a strong 20.3 per cent annual growth to Rs 17.70 lakh crore, as more customers opted for fixed deposits. Average deposits for the quarter stood at Rs 25.28 lakh crore, up 15.8 per cent from the same period last year, according to IIFL Capital.
Meanwhile, ICICI Bank is expected to report strong earnings for the March quarter, with brokerages projecting a 10–15 per cent increase in net profit year-on-year. Estimates from Elara Capital, JM Financial, IIFL Capital, and Nuvama Institutional Equities place Q4 profit between Rs 11,822 crore and Rs 12,350 crore. Net interest income is expected to rise by 7.6–11 per cent, ranging between Rs 20,543 crore and Rs 21,170 crore, according to Economic Times report quoting analysis from ElaraCapital, JM Financial, IIFL Capital and Nuvama Institutional Equities.
Meanwhile, Fitch Ratings recently upgraded ICICI Bank’s asset quality score from ‘BB-’ to ‘BB’ and revised the outlook from positive to stable, citing improvement in impaired loans. The agency expects the bank’s loan-to-deposit ratio to rise moderately as it continues balancing growth on both fronts, as per ET reports.
Investors are watching closely as both banks report results amid a dynamic economic landscape and evolving credit trends.
