HDFC Bank: HDFC Bank posts bigger-than-expected jump in Q1 profit – Times of India

[ad_1] MUMBAI: HDFC Bank, India’s largest private lender, on Monday reported a bigger-than-expected 30% jump in first-quarter profit, helped by higher net interest income (NII) and strong loan growth.The lender’s standalone net profit was at 119.52 billion rupees ($1.46 billion), up from 91.96 billion rupees a year ago. Analysts had expected a profit of 114.97 … Read more

HDFC Bank Q4 Update: Advances Up 16.9%, Deposits 20.8%; Retail Loans Grew By 21%

[ad_1] Published By: Business Desk Edited By: Namit Singh Sengar Last Updated: April 03, 2023, 19:17 IST As per the bank’s internal business classification, domestic retail loans grew by 21% on-year, while corporate and other wholesale loans saw an increase of 12.5%. The bank’s CASA deposits aggregated to approximately Rs 8.36 lakh crore at FY23-end, … Read more