# Bank stocks surge with Q2 updates

> Banking stocks jump 1.4% as HDFC, YES Bank and AU SFB report strong Q2 results.
- Title: Bank stocks surge with Q2 updates · mint | Shortify
- Summary: Banking stocks jump 1.4% as HDFC, YES Bank and AU SFB report strong Q2 results. Banking stocks rose 1.4% after HDFC Bank, YES Bank and AU SFB reported strong…
- Keywords: hdfc bank, yes bank, au sfb, bank nifty, q2 business updates, share price rally, ceo appointments, money, business, Bank, stocks, surge
- Source: mint — https://livemint.com/market/stock-market-news/hdfc-bank-yes-bank-au-sfb-bank-stocks-jump-bank-nifty-up-over-1-q2-business-updates-share-price-rally-explained-11791175983951.html
- Author: Nishant Kumar
- Published: 2026-10-05T05:03:41+00:00
- Read time: 1 min
- Topics: hdfc bank, yes bank, au sfb, bank nifty, q2 business updates, share price rally, ceo appointments, money, business
## Bank stocks jump
Nifty Bank jumped 1.4% in morning trade to an intraday high of 55,192.65.
## Top gainers
HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, YES Bank, and AU Small Finance Bank among top gainers.
## Why stocks rose
New CEO appointments at HDFC Bank, ICICI Bank, and Kotak Mahindra Bank removed leadership uncertainties.
## HDFC Bank update
HDFC Bank deposits rose 16.8% YoY to ₹ 31,66,500 crore in Q2FY27.
## Kotak Mahindra Bank update
Kotak Mahindra Bank appointed Anup Kumar Saha as new CEO effective 1 January 2027.
## ICICI Bank update
ICICI Bank appointed Sidharatha Mishra as CEO with effect from 14 October 2026.
## YES Bank results
YES Bank deposits rose 19.5% YoY to ₹ 3,54,084 crore in Q2FY27.
## AU SFB results
AU Small Finance Bank deposits jumped 28.6% YoY to ₹ 1,70,460 crore in Q2FY27.
## Key takeaway

Banking stocks rose 1.4% after HDFC Bank, YES Bank and AU SFB reported strong Q2 business updates and new CEO appointments.