Is HDFC Banks leadership reset the missing piece of the puzzle?

Fog lifting

But this merger overhang is lifting. Deposits grew 14.4% year-on-year in the March quarter (Q4 FY26) versus 11.6% in the previous quarter, and faster than the 12.1% growth in advances. In fact, with a focus on granular deposits, the bank has been gaining 30-50 basis points of deposit market share for five consecutive years. CDR moderated to 94.6% from nearly 99% in Q3FY26.