{"id":13082,"date":"2026-04-18T17:49:21","date_gmt":"2026-04-18T17:49:21","guid":{"rendered":"https:\/\/connectwithfund.com\/?p=13082"},"modified":"2026-04-18T17:55:22","modified_gmt":"2026-04-18T17:55:22","slug":"hdfc-bank-limited-hdb-q4-2026-earnings-call-transcript","status":"publish","type":"post","link":"https:\/\/connectwithfund.com\/?p=13082","title":{"rendered":"HDFC Bank Limited (HDB) Q4 2026 Earnings Call Transcript"},"content":{"rendered":"<div>\n<header class=\"flex flex-col items-start justify-between\"><\/header>\n<div class=\"relative mb-18 flex items-start justify-between\" data-test-id=\"author-brief\">\n<div class=\"relative z-0 mr-18 flex\">\n<div class=\"flex shrink-0 items-center justify-center relative size-36 rounded-full\" data-test-id=\"user-pic-wrapper\"><\/div>\n<\/div>\n<p><button data-state-text=\"Following\" aria-label=\"Follow SA Transcripts\" class=\"ihjjQ py-8 px-18 ml-auto print:hidden relative inline-flex items-center justify-center select-none hover:no-underline transition-colors motion-reduce:transition-none border-black bg-black text-white hover:bg-black-70 disabled:border-transparent disabled:bg-black-20 dark:border-black-10 dark:bg-black-10 dark:text-black dark:hover:border-black-30 dark:hover:bg-black-30 dark:disabled:bg-black-30 min-h-36 border text-medium-b px-16 py-1 whitespace-nowrap break-words rounded-8 cursor-pointer\" data-test-id=\"follow-button\" type=\"button\"><span class=\"\"><span aria-hidden=\"true\" class=\"wMAFB relative flex justify-center\" data-state-placeholder=\"Following\"><span class=\"absolute\">Follow<\/span><\/span><\/span><\/button><\/div>\n<div class=\"mb-12\">\n<div aria-label=\"Audio player\" class=\"relative mb-8 mr-8\"><button id=\"sa-audio-player-play-button\" class=\"inline-flex items-center font-bold md:hidden relative inline-flex items-center justify-center select-none hover:no-underline transition-colors motion-reduce:transition-none border-black bg-black text-white hover:bg-black-70 disabled:border-transparent disabled:bg-black-20 dark:border-black-10 dark:bg-black-10 dark:text-black dark:hover:border-black-30 dark:hover:bg-black-30 dark:disabled:bg-black-30 min-h-36 border text-medium-b size-36 p-6 whitespace-nowrap break-words rounded-8 cursor-pointer shrink-0\" data-test-id=\"play-button\" type=\"button\"><span class=\"size-24 m-0 relative flex shrink-0 items-center justify-center [&amp;&gt;svg]:max-h-full [&amp;&gt;svg]:max-w-full [&amp;&gt;svg]:shrink-0 [&amp;&gt;svg]:grow [&amp;&gt;svg]:fill-current\"><span class=\"flex size-16 text-current\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" class=\"flex shrink-0 fill-current\" data-test-id=\"play-button-play-svg\"><path fill=\"currentColor\" d=\"M0 16V0l16 8z\"><\/path><\/svg><\/span><\/span><span class=\"sr-only\"><span class=\"font-bold b4Wu7\">Play Earnings Call<\/span><\/span><\/button><button id=\"sa-audio-player-play-button\" class=\"items-center font-bold hidden md:inline-flex relative inline-flex items-center justify-center select-none hover:no-underline transition-colors motion-reduce:transition-none border-black bg-black text-white hover:bg-black-70 disabled:border-transparent disabled:bg-black-20 dark:border-black-10 dark:bg-black-10 dark:text-black dark:hover:border-black-30 dark:hover:bg-black-30 dark:disabled:bg-black-30 min-h-36 border text-medium-b px-16 py-1 whitespace-nowrap break-words rounded-8 cursor-pointer\" data-test-id=\"play-button\" type=\"button\"><span class=\"size-24 mr-8 relative flex shrink-0 items-center justify-center [&amp;&gt;svg]:max-h-full [&amp;&gt;svg]:max-w-full [&amp;&gt;svg]:shrink-0 [&amp;&gt;svg]:grow [&amp;&gt;svg]:fill-current\"><span class=\"flex size-16 text-current\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" class=\"flex shrink-0 fill-current\" data-test-id=\"play-button-play-svg\"><path fill=\"currentColor\" d=\"M0 16V0l16 8z\"><\/path><\/svg><\/span><\/span><span class=\"\"><span class=\"font-bold b4Wu7\">Play Earnings Call<\/span><\/span><\/button><\/div>\n<\/div>\n<div class=\"paywall-full-content R6FbO flex sa-text-content sa-media-content sa-table-content sa-content-helpers print:block mb-32\">\n<div class=\"w-0 grow print:w-auto\">\n<div>\n<div class=\"T2G6W\" data-test-id=\"content-container\">\n<div class=\"transcript-headline\">\n<p data-eci=\"true\">HDFC Bank Limited (<span class=\"ticker-hover-wrapper\">HDB<\/span>) Q4 2026 Earnings Call April 18, 2026 6:30 AM EDT<\/p>\n<\/div>\n<div class=\"transcript-company-participants\">\n<p class=\"transcript-company-participants-title\"><strong>Company Participants<\/strong><\/p>\n<p><span>Srinivasan Vaidyanathan &#8211; Chief Financial Officer<\/span><br \/><span>Sashidhar Jagdishan &#8211; MD, CEO &amp; Director<\/span><br \/><span>Kaizad Bharucha &#8211; Deputy MD &amp; Director<\/span><\/p>\n<\/p><\/div>\n<div class=\"transcript-other-participants\">\n<p class=\"transcript-other-participants-title\"><strong>Conference Call Participants<\/strong><\/p>\n<p><span>Mahrukh Adajania<\/span><br \/><span>Nitin Aggarwal &#8211; Motilal Oswal Securities Limited, Research Division<\/span><br \/><span>Kunal Shah &#8211; Citigroup Inc., Research Division<\/span><br \/><span>Pranav Gundlapalle &#8211; Bernstein Institutional Services LLC, Research Division<\/span><br \/><span>Seshadri Sen &#8211; Emkay Global Financial Services Ltd., Research Division<\/span><br \/><span>Rikin Shah &#8211; IIFL Research<\/span><br \/><span>Abhishek Murarka &#8211; HSBC Global Investment Research<\/span><br \/><span>Piran Engineer &#8211; CLSA Limited, Research Division<\/span><\/p>\n<\/p><\/div>\n<div class=\"transcript-presentation\">\n<p class=\"transcript-presentation-title\"><strong>Presentation<\/strong><\/p>\n<div class=\"transcript-presentation-section\" seq=\"0\">\n<p class=\"transcript-presentation-section-title\"><span><strong>Operator<\/strong><\/span><\/p>\n<p>Ladies and gentlemen, good day, and welcome to HDFC Bank Limited Q4 and Full Year FY 2026 Earnings Conference Call on the financial results presented by the management of HDFC Bank. [Operator Instructions] Please note that this conference is being recorded.<\/p>\n<p>I now hand the conference over to Mr. Srinivasan Vaidyanathan, Chief Financial Officer, HDFC Bank. Thank you, and over to you, Mr. Vaidyanathan.<\/p>\n<\/p><\/div>\n<div class=\"transcript-presentation-section\" seq=\"1\">\n<p class=\"transcript-presentation-section-title\"><span><strong>Srinivasan Vaidyanathan<\/strong><\/span><br \/><span><i>Chief Financial Officer<\/i><\/span><\/p>\n<p>Thank you. Thank you, Nirav. Good evening, and warm welcome to all the participants. Today, we have with us our Chairman, Mr. Keki Mistry; our CEO, Mr. Sashi Jagdishan; and our Deputy Managing Director, Mr. Kaizad Bharucha.<\/p>\n<p>I will hand off for opening remarks to Sashi. Over to you, Sashi, then we can get on to the other agenda.<\/p>\n<\/p><\/div>\n<div class=\"transcript-presentation-section\" seq=\"2\">\n<p class=\"transcript-presentation-section-title\"><span><strong>Sashidhar Jagdishan<\/strong><\/span><br \/><span><i>MD, CEO &amp; Director<\/i><\/span><\/p>\n<p>Thank you, Srini, and thank you all. Good afternoon to you, and welcome to the full year FY &#8217;26 annual results call. Let me dive straight into the key aspects of FY &#8217;26 performance. We had estimated the system credit growth to be around 10.5% to 11.5%. We did 12%, up from 5.5% last year. As you can see, there is positive momentum as we had expected. Deposit growth rate at 14.4% continues to grow faster than the credit growth, which is what we&#8217;ve always been doing. The growth rate is better than the<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<aside><\/aside>\n<\/div>\n<\/div>\n<\/div>\n<footer class=\"border-t border-share-separator-thin py-18 sm:py-24 print:hidden paywall-full-content\" data-test-id=\"post-footer\"><\/footer>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/seekingalpha.com\/article\/4891795-hdfc-bank-limited-hdb-q4-2026-earnings-call-transcript?source=feed_all_articles\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Follow Play Earnings CallPlay Earnings Call HDFC Bank Limited (HDB) Q4 2026 Earnings Call April 18, 2026 6:30 AM EDT Company Participants Srinivasan Vaidyanathan &#8211; Chief Financial OfficerSashidhar Jagdishan &#8211; MD, CEO &amp; DirectorKaizad Bharucha &#8211; Deputy MD &amp; Director Conference Call Participants Mahrukh AdajaniaNitin Aggarwal &#8211; Motilal Oswal Securities Limited, Research DivisionKunal Shah &#8211; Citigroup Inc., Research DivisionPranav Gundlapalle &#8211; Bernstein Institutional Services LLC, Research DivisionSeshadri Sen &#8211; Emkay Global Financial Services Ltd., Research DivisionRikin Shah &#8211; IIFL ResearchAbhishek Murarka &#8211; HSBC Global Investment ResearchPiran Engineer &#8211; CLSA Limited, Research Division Presentation Operator Ladies and gentlemen, good day, and<\/p>\n","protected":false},"author":1,"featured_media":525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-13082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HDFC Bank Limited (HDB) Q4 2026 Earnings Call Transcript | ConnectWithFund<\/title>\n<meta name=\"description\" content=\"FollowPlay Earnings CallPlay 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