HDFC Bank reported 18.1% rise in net profit to Rs 8,758.29 crore on 4.1% increase in total income to Rs 37,522.92 crore in Q3 FY21 over Q3 FY20. Net interest income for the quarter ended 31 December 2020 grew by 15.1% to 16,317.6 crore from 14,172.9 crore for the quarter ended 31 December 2019, driven by advances growth of 15.6%, and a core net interest margin for the quarter of 4.2%.
HDFC Bank said that the impact of COVID-19, including changes in customer behaviour and pandemic fears, as well as restrictions on business and individual activities, has led to significant volatility in global and Indian financial markets and a significant decrease in global and local economic activity, which may persist. While there has been a gradual pickup in economic activity since the easing of lockdown measures, the continued slowdown led to a decrease in loan originations, the sale of third-party products, the use of credit and debit cards by customers and the efficiency in collection efforts.
Joe Biden s Pet Pooch Major Indogurated as First US Dog-elect ahead of Presidential Inauguration
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Two days ahead of President-elect Joe Biden, his dog, also the first shelter dog to make to the White House, was indogurated through a virtual ceremony.
The First Dog-elect Major Biden was indogurated by singer-songwriter Josh Groban. The 39-year-old singer had reportedly landed the gig after pleading to Major s dad, who is to be inaugurated himself on January 20 as the 46th President of the United States. Joe Biden, please let me sing for this, Groban wrote in one of his Instagram stories regarding the virtual celebration, which was organised by Delaware Humane Association, from where Major, the german shepherd, was adopted by the Bidens in 2018, reports ANI.
Auckland traffic: Northwestern Motorway gridlocked after rush-hour crash
18 Jan, 2021 07:55 PM
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The view of traffic heading into the city on the Northwestern Motorway from Lincoln Rd, Henderson. Photo / NZTA
The view of traffic heading into the city on the Northwestern Motorway from Lincoln Rd, Henderson. Photo / NZTA
NZ Herald
Two lanes are closed on Auckland s Northwestern Motorway after a motorbike crash, causing a major traffic jam during the morning rush.
Commuters are being warned to delay their journey to work this morning or allow extra time, with lanes of vehicles stretching kilometres back to Hobsonville Rd.
One commuter sitting in traffic said estimated time to travel into central Auckland from Massey was an hour.