HDFC Bank Q3 Profit Rises To Rs 8,760 crore; Asset Quality Stable
This is also the maiden earnings declaration under new chief executive and managing director Sashidhar Jagdishan, who succeeded Aditya Puri as the head of the HDFC bank. PTI Outlook Web Bureau 2021-01-16T18:45:02+05:30 HDFC Bank Q3 Profit Rises To Rs 8,760 crore; Asset Quality Stable outlookindia.com 2021-01-16T18:46:40+05:30
India s largest private sector lender HDFC Bank on Saturday reported a 14.36 per cent jump in consolidated net profit to Rs 8,760 crore for the December quarter, driven by a surge in core income.
At the standalone level, net profit for the three-month period grew 18.09 per cent to Rs 8,758.29 crore, on the back of a 15.1 per cent growth in the core net interest income at Rs 16,317 crore. Its deposits grew 19.1 per cent and the share of low-cost current and savings account deposits was 43 per cent.
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