Sunday, October 21, 2018

HDFC Bank's net profit rises 21% in Q2

The net interest income (interest earned minus interest expended) for the quarter grew by 20.6 per cent to Rs 11,763.4 crore, driven by average asset growth of 22.9 per cent and a net interest margin of 4.3 per cent, it said. The bank had registered a net profit of Rs 4,151.03 crore in the similar July-September quarter of 2017-18.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OyFh8P

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