يحاول ذهب - حر
HDFC Bank NPAs Rise Amid Q3 Agriculture Loan Defaults
January 23, 2025
|Mint New Delhi
The lender's profit growth was weighed down by asset quality issues and slow loan growth
In a quarter of otherwise stable financials, HDFC Bank Ltd's asset quality put a dampener on its earnings with non-performing assets rising, owing to an increase in agriculture loan slippages.
The country's largest private sector lender attributed this deterioration in loan quality to cyclical impact of the agriculture segment and said that the bank's focus continues to be on deposit mobilisation and improving its loan-to-deposit ratio (LDR).
The slippage ratio for the current quarter was 35 basis points (bps) amounting to around ₹8,800 crore. Excluding agriculture loans, this ratio was around 26 bps, flat from the previous quarter, chief financial officer Srinivasan Vaidyanathan said in the bank's earnings call.
"Excluding agriculture loans, because in June and December quarters you see the crop season impact, the slippages were flat," Vaidyanathan said.
هذه القصة من طبعة January 23, 2025 من Mint New Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint New Delhi
Mint New Delhi
PM backs Make in India for chips, mobiles, electronics
Prime Minister Narendra Modi on Wednesday renewed his pitch for Make in India across sectors, from mobiles to semiconductors and electronics, saying the government is accelerating the pace of reforms, offering the best investment opportunities.
2 mins
October 09, 2025
Mint New Delhi
Road builders sweat as highway tenders dry up
After a prolonged slowdown in orders, India's road construction giants are keeping their fingers crossed for a long-awaited revival.
2 mins
October 09, 2025
Mint New Delhi
Advertisers push for transparency standards in ad sales
Some of the advertising industry's largest players have joined forces to propose new standards for transparency in the digital auctions that increasingly dominate ad sales.
4 mins
October 09, 2025
Mint New Delhi
Can Canara Robeco AMC retain equity edge?
Canara Robeco Asset Management Co. (CRAMC), India's second-oldest asset manager, is set to test investor appetite with its ₹1,326-crore initial public offering (IPO), banking on its strong equity focus, rapid growth momentum, and the trusted legacy of its joint promoters-state-run Canara Bank and Netherlands-based Orix Corp. Europe.
2 mins
October 09, 2025
Mint New Delhi
Will Q2 results put TCS out of its misery?
In business, a quarter can feel like a lifetime. Ask Tata Consultancy Services Ltd's (TCS's) chief executive officer, K. Krithivasan. The July-September period tested the country's largest IT (information technology) services firm on several fronts-one external, and two self-made challenges.
3 mins
October 09, 2025
Mint New Delhi
India pulls several anti-dumping levies on China, others
New Delhi has quietly allowed the expiry of anti-dumping duties on a range of goods from several countries including China, signalling a recalibration in its approach to trade protection.
2 mins
October 09, 2025
Mint New Delhi
JSW tweaks auto top deck before EV, truck launch
Sajjan Jindal-led JSW Group has introduced a series of changes to the boards of at least two ofits auto companies and changed the holding company of its component business between August and September, as the conglomerate gears up to launch cars and trucks next financial year.
2 mins
October 09, 2025
Mint New Delhi
Pharma deals soaring, but top drugmakers hold back
Dealmaking in India’s pharma sector has surged over the past two years as companies seek to beef up their portfolios and reduce reliance on the US market.
2 mins
October 09, 2025
Mint New Delhi
Has TaMo priced in worst of JLR?
Tata Motors Ltd is gearing up for its long-awaited demerger.
2 mins
October 09, 2025
Mint New Delhi
Adani taps SBI, Temasek, others for NMIA terminal
Airport entity in talks to raise ₹30,000 crore for Terminal-2 opening in 2029
3 mins
October 09, 2025
Listen
Translate
Change font size