** Shares of HDFC Bank HDBK.NS up 2% at 817.1 rupees

** India's top private lender says average deposits rise 13.3% YoY, while gross advances were up 15.4% YoY as of June 30

** Morgan Stanley says HDBK saw a meaningful pickup in YoY loan growth, which should be positive for investor sentiment

** Citi expects bank's corporate and business banking departments to anchor growth momentum, agricultural/gold loans to outperform within retail; mortgages likely to trail broader retail

** Macquarie analysts say HDBK delivered resilient growth; key nuance is deposit mix - growth remained term-deposit led while CASA was softer

** Analysts at brokerage firm Jefferies said HDFC Bank saw a better-than-expected pickup in loan growth

** Stock rated "Strong Buy" on average by 39 analysts; median PT at 1,038.5 rupees - LSEG compiled data

** YTD stock down ~17.8%