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The bank reported a net profit of Rs 1,209 crore from a loss of Rs 864 crore a year ago on the back of a 16% growth in net interest income (NII) to Rs 7,892 crore. ....
Hiring for Debt Recovery Tribunals put on fast track SECTIONS Share Synopsis A government official confirmed this and said it was looking to appoint around 27 administrators, both as registrars and deputy registrars, in Delhi, Mumbai, Chennai and other cities. Getty Images Representative image The government has fast-tracked the appointment of key officers to Debt Recovery Tribunals (DRTs) in more than 10 locations, including non-metro cities. A government official confirmed this and said it was looking to appoint around 27 administrators, both as registrars and deputy registrars, in Delhi, Mumbai, Chennai and other cities. “The focus has been to revamp the DRTs and help them take on high-value matters,” the official said. ....
HDFC Bank Q4 results: Net profit rises 18% YoY to Rs 8,186.5 crore, below Street estimates SECTIONS HDFC Bank Q4 results: Net profit rises 18% YoY to Rs 8,186.5 crore, below Street estimatesETMarkets.com Last Updated: Apr 19, 2021, 08:56 AM IST Share Synopsis Analysts had expected HDFC bank to report a 23 per cent YoY rise in net profit to Rs. 8,550.3 crore and a near 12 per cent rise in net interest income to Rs 17,000 crore. Getty Images The lender reported a net interest income of Rs 17,120.2 crore, up 12.6 per cent from a year-ago quarter. Related NSE Explore Now MUMBAI: India’s largest private sector lender HDFC Bank today reported an 18.2 per cent year-on-year rise in net profit to Rs 8,186.51 crore for the quarter ended March. The lender reported a net interest income of Rs 17,120.2 crore, up 12.6 per cent from a year-ago quarter. ....
HDFC Bank reports 18% growth in Q3 profit, recasts 0.5% of loan book HDFC Bank’s other income rose 11.6% y-o-y to ₹7,443 crore. (Bloomberg)Premium Share Via Read Full Story Mumbai: Private sector lender HDFC Bank on Saturday reported a 18% year-on-year (y-o-y) rise in net profit to ₹8,758.29 crore for the three months to December owing to higher net interest income and other income. Its profit was higher than ₹7,818 crore estimated by a Bloomberg poll of 15 analysts. TRENDING STORIESSee All 1 min read Premium 2 min read Premium 3 min read Premium 1 min read . 04 Apr 2021 The bank’s net interest income difference between interest earned and interested expended – grew 15.1% y-o-y to ₹16.317.6 crore. Its net interest margin a key measure of profitability stood at 4.2%. HDFC Bank’s other income rose 11.6% y-o-y to ₹7,443 crore. ....