試す - 無料

HDFC Bank profit rises 30% on lower provisions

Hindustan Times

|

July 18, 2023

HDFC Bank Ltd, India's largest private sector lender, reported a 30% increase in net profit driven by lower provisions for loan losses and increased other income.

- Gopika Gopakumar

HDFC Bank profit rises 30% on lower provisions

MUMBAI: The bank's first-quarter results, however, do not include the earnings of the merged entity, as the merger between HDFC Bank Ltd and its parent company, Housing Development Finance Corp. Ltd (HDFC), took effect on July 1.

The bank beat analysts' expectations overall, despite a sequential miss in asset quality and net interest income.

The bank's net profit rose to ₹11,951.7 crore for the quarter ended June 3 from ₹9,196 crore in the year earlier, it said on Monday. Net interest income (NII) increased 21.1% to ₹23,599.1 crore from ₹19,481.4 crore in the previous year.

The core net interest margin (NIM) was at 4.1% on total assets and 4.3% based on interestearning assets.

Other income grew 28.1% in the June quarter to ₹9,230 crore from

Hindustan Times からのその他のストーリー

Hindustan Times

Dhaka invites PM to Rahman swearing-in

Bangladesh on Saturday extended an invitation to Prime Minister Narendra Modi to attend the swearing-in of the country’s next Prime Minister, Tarique Rahman, along with other regional leaders on February 17, people familiar with the matter said.

time to read

1 mins

February 15, 2026

Hindustan Times Delhi

Hindustan Times Delhi

When Zappfresh founders rang doorbells with Valentines Eve orders

On most days, food delivery is routine.

time to read

1 mins

February 15, 2026

Hindustan Times Delhi

Light Layers, Big Style: Dressing for the In-Between

This is the season of smart layering where style adapts effortlessly to unpredictable days and breezy nights. Here's a look at the trends defining wardrobes as the country steps into brighter, warmer days. Nitasha Chawla writes

time to read

1 min

February 15, 2026

Hindustan Times

Big new stories, tiny little clues. Ready to quiz?

Women go forth, a substance becomes more precious. An animal makes a crossing, another animal plays pretend. Do you remember what went down this week?

time to read

1 mins

February 15, 2026

Hindustan Times Delhi

Hindustan Times Delhi

How to train your human

There have been cat people for thousands of years.

time to read

5 mins

February 15, 2026

Hindustan Times Delhi

Abhishek Sharma bats at nets; readies for Colombo blockbuster

A few wrinkles might have vanished from the foreheads of the Indian think tank watching Abhishek Sharma blazing through his big shots at nets here on Saturday.

time to read

2 mins

February 15, 2026

Hindustan Times Delhi

Rahul misleading farmers with lies: Shah at Puducherry rally

Union home minister Amit Shah on Saturday asserted that the interests of Indian farmers and fishermen have been fully secured in the recent FTAs and the Indo-US trade deal signed by the country, and slammed Congress leader Rahul Gandhi for misleading them with “lies” and trying to create an “illusion”.

time to read

1 mins

February 15, 2026

Hindustan Times Delhi

JASON MOMOA CALLS SHAH RUKH KHAN A 'BETTER ACTOR AND PERFORMER' THAN HIM

{ OTT REVIEW

time to read

1 min

February 15, 2026

Hindustan Times Delhi

HYPOTHYROIDISM IN BABIES AND CHILDREN

Growing Pains

time to read

3 mins

February 15, 2026

Hindustan Times

Russia poisoned Navalny with lethal frog toxin: UK and allies

Russian opposition leader Alexei Navalny was poisoned by the Kremlin with a rare and lethal toxin found in the skin of poison dart frogs, five European countries said Saturday.

time to read

1 min

February 15, 2026

Translate

Share

-
+

Change font size