Banks to Dominate Monday's Trading as HDFC, Yes, IDBI Stocks Come Under Spotlight

Banking Stocks to Watch: Q4 Results 2026

The Indian banking sector will remain in focus on Monday, April 6, as several major banks release their Q4 business updates. The stocks of HDFC Bank, Yes Bank, IDBI Bank, Kotak Mahindra Bank, Union Bank of India, and RBL Bank will be closely watched after the companies reported their Q4 business updates on April 4 and April 5.

HDFC Bank Posts Strong Growth

HDFC Bank, India's largest private lender, released its fourth-quarter business update on Saturday. According to its exchange filing, the bank's average advances under management for the March 2026 quarter stood at ₹29.64 lakh crore, reflecting a growth of about 10% from ₹26.96 lakh crore in the same period last year. As of March 31, 2026, period-end advances under management were around ₹30.58 lakh crore, up 10.2% compared to ₹27.73 lakh crore a year earlier.

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On the liabilities front, the bank's average deposits rose to ₹28.51 lakh crore in the March 2026 quarter, marking a 12.8% increase from ₹25.28 lakh crore in the same period last year. Of this, average CASA deposits stood at ₹9.18 lakh crore, reflecting a 10.8% rise from ₹8.29 lakh crore, while average time deposits reached ₹19.33 lakh crore, up 13.7% from ₹16.99 lakh crore.

Yes Bank Sees Strong Growth in Loans and Deposits

Yes Bank reported that its net loans and advances reached ₹2,72,454 crore as of March 31, 2026, reflecting a 5.8% increase quarter-on-quarter and a 10.7% rise compared to the same period last year. Deposits grew at a stronger pace, advancing 9% sequentially and 12.1% year-on-year to ₹3,18,970 crore. The bank also saw a notable uptick in low-cost deposits, with CASA balances rising 12.5% quarter-on-quarter and 14.9% annually to ₹1,11,960 crore.

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IDBI Bank Posts Double-Digit Growth

IDBI Bank posted double-digit growth across key business metrics for the quarter ended March 31, 2026. Its total business grew 14% year-on-year to ₹6 lakh crore, up from ₹5.29 lakh crore in the corresponding period last year. Deposits rose 12% YoY to ₹3.47 lakh crore, while net advances increased 16% to ₹2.53 lakh crore as of March 31, 2026. CASA deposits reached ₹1.55 lakh crore, marking a 7% increase from a year ago.

Kotak Mahindra Bank Posts Stable Performance

Kotak Mahindra Bank posted stable performance across key parameters for the quarter ended March 2026, with advances and deposits both registering double-digit year-on-year growth. Net advances increased 16.2% YoY to ₹4.95 lakh crore at the end of the quarter, compared to the same period last year, while rising 3.2% sequentially on a quarter-on-quarter basis. Average advances also grew 16.2% annually and 3.4% sequentially to ₹4.81 lakh crore.

Union Bank of India and Bank of Baroda Post Strong Growth

Union Bank of India, on Thursday, April 2, announced its provisional business update for the fourth quarter, reporting a 5.79% year-on-year rise in total global business to ₹23.85 lakh crore, along with a 6.52% sequential increase. Global deposits stood at ₹13.06 lakh crore, registering a 2.72% growth compared to the previous year and a 6.87% rise quarter-on-quarter. Meanwhile, the bank's global advances reached ₹10.78 lakh crore, marking a 9.76% increase year-on-year and a 6.09% sequential growth.

Bank of Baroda released its fourth-quarter business update on Thursday, April 2. The bank's total global business grew 13.93% year-on-year to ₹30.78 lakh crore as of March 2026, compared with ₹27.02 lakh crore a year earlier. Global deposits rose 12% to ₹16.48 lakh crore from ₹14.72 lakh crore in the previous fiscal, while domestic deposits increased 12.83% to ₹14.01 lakh crore from ₹12.42 lakh crore.