Several banks have released their Q2 business updates for the fiscal year 2026, showcasing healthy growth in loans and deposits. HDFC Bank, Kotak Mahindra Bank, IDBI Bank, and UCO Bank have all reported positive numbers, indicating a stable and growing banking sector.

HDFC Bank:

The largest private sector lender, HDFC Bank, reported a 9% increase in loans, reaching Rs 27.9 lakh crore for the second quarter ending September 30, 2025. The bank's period-end advances under management were approximately Rs 28.6 lakh crore, about 8.9% higher than the Rs 26.3 lakh crore recorded on September 30, 2024. Deposits also saw a significant rise, aggregating to approximately Rs 27.1 lakh crore as of September 30, 2025, a 15.1% increase over the Rs 23.5 lakh crore recorded in September of the previous year. The bank's average CASA (Current Account Savings Account) deposits for the September 2025 quarter grew by approximately 8.5% to Rs 8,770 billion from Rs 8,084 billion in the September 2024 quarter. HDFC Bank is scheduled to release its Q2 results on October 18, 2025.

Kotak Mahindra Bank:

Kotak Mahindra Bank also reported strong provisional financial results for Q2, with average total deposits growing by 14.4% year-on-year, reaching Rs 5,10,138 crore. Average net advances increased by 14.6%. Period-end net advances rose by 15.8%, while CASA balances grew by 11.2%. Net advances at the end of the period stood at Rs 4,62,552 crore as of September 30, 2025, reflecting a 15.8% increase over the Rs 3,99,522 crore recorded at the end of September 2024. Total deposits at the end of the September 2025 quarter stood at Rs 5,28,776 crore, a 14.6% increase compared to Rs 4,61,454 crore as of September 30, 2024. The bank's shares closed 1.8% higher following the announcement.

IDBI Bank:

IDBI Bank reported a 12% year-on-year growth in its total business for Q2 FY26, reaching Rs 5.33 lakh crore. Total deposits grew by 9% to Rs 3.03 lakh crore. Net advances stood at Rs 2.30 lakh crore, up by 15% from the same period last year. The bank's CASA deposits increased by 4% to Rs 1.39 lakh crore. The operating profit of the bank increased to Rs 2,354 crore. The bank's asset quality improved, with gross non-performing assets (NPAs) declining to 2.93% of gross advances.

UCO Bank:

UCO Bank, a state-owned lender, reported a 13.29% year-on-year growth in its total business, reaching Rs 5.37 lakh crore for Q2. The bank's total advances rose 16.67% to Rs 2.31 lakh crore. Total deposits increased by 10.87% year-on-year to Rs 3.06 lakh crore. The bank's domestic CASA ratio stood at 38.11% as of September 30. The Credit-to-Deposit (CD) Ratio was reported at 75.56%.

These Q2 business updates from HDFC Bank, Kotak Mahindra Bank, IDBI Bank, and UCO Bank collectively paint a picture of a resilient banking sector demonstrating consistent growth in key areas such as loans, advances, and deposits.