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Shares of HDFC Bank jump nearly 3 pc post Q3 results
The private sector lender Saturday reported 20.3 per cent growth in net profit to Rs 5,585.9 crore for the third quarter ended December 31, mainly on account of higher net interest income.
HDFC Bank Q3 net profit increases 20.3% to Rs 5,586 crore
The bank’s total income for the quarter was at Rs 30,811.3 crore, up 26 per cent from Rs 24,450.4 crore for the quarter ended December 2017.
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HDFC Bank Treasurer Ashish Parthasarathy: ‘With inflation staying low, chances of a rate cut have certainly opened up’
He said that while low inflation has opened up the chance of a rate cut, it is unlikely before April 2019.
HDFC Bank's new MobileBanking app pulled from stores, old one to be restored
HDFC Bank App Down: HDFC Bank's MobileBanking App has not been working for nearly five days. The HDFC Bank app has been pulled from both the App Store and Google Play Store
Credit Linked Subsidy Scheme: HDFC disburses `1,100 crore
Given the excellent response to the scheme, the government has improved the scheme from time to time.
HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAY
HDFC has provided loans of over Rs 9,800 crore under PMAY-Credit Linked Subsidy Scheme (CLSS), to these customers belonging to EWS, LIG and MIG category, the housing finance firm said in a statement.
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HDFC Bank Q2 net profit climbs 21% to Rs 5,005 crore on robust core income
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.
HDFC bank official killed: Were opposed to his decision to buy bike, says accused’s kin
Investigators said Sarfaraz purchased a Pulsar 220 in January, for which he had taken a loan of Rs 80,000 and made the down payment. Police said he was supposed to shell out Rs 3,600 as monthly instalments, which he failed to pay.
Missing HDFC Bank Vice President found dead, Mumbai Police suspect office rivalry
The Navi Mumbai Police, who are conducting a parallel investigation, got the first breakthrough Sunday morning after they picked up Shaikh from CBD Belapur.
HDFC Vice President Siddharth Kiran Sanghvi goes missing from office in Mumbai
“He left for work at his usual time... and we have learnt that he left office around 7.30 pm. We could see him walking out of his branch but we could not locate his car while leaving the Kamala Mill premises on any CCTV camera,” said a police officer.
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