HDFC Bank’s Net Profit Rises 14.36% to Rs 8,760 Crore for December Quarter
The headquarters of HDFC financial institution is pictured in Mumbai. (Reuters)
On the standalone stage, the web revenue for the three-month interval grew 18.09 per cent to Rs 8,758.29 crore.
- PTI Mumbai
- Final Up to date: January 16, 2021, 17:52 IST
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The nation’s largest non-public sector lender HDFC Financial institution on Saturday reported a 14.36 per cent soar in consolidated internet revenue to Rs 8,760 crore for the December quarter. On the standalone stage, the web revenue for the three-month interval grew 18.09 per cent to Rs 8,758.29 crore.
Its whole earnings elevated to Rs 37,522 crore on a standalone foundation in comparison with Rs 36,039 crore within the year-ago interval. The outcomes, the primary earnings to be declared by the financial institution underneath new chief government and managing director Sashidhar Jagdishan, displayed an enchancment within the asset high quality.
The gross non-performing property (NPA) ratio stood at 0.81 per cent of the overall property as in opposition to 1.42 per cent within the year-ago interval and 1.08 per cent on the finish of the previous September quarter, the financial institution mentioned.