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    Home»Banks»HDFC Bank Q3 net rises 14.36 pc to Rs 8,760 cr
    Banks

    HDFC Bank Q3 net rises 14.36 pc to Rs 8,760 cr

    Finance KhabarBy Finance KhabarJanuary 16, 2021No Comments1 Min Read
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    HDFC to raise up to Rs 2,000 cr by issuing bonds
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    New Delhi: At the standalone level, the net profit for the three-month period grew 18.09 per cent to Rs 8,758.29 crore.

    Its total income increased to Rs 37,522 crore on a standalone basis compared to Rs 36,039 crore in the year-ago period.

    The results, the first earnings to be declared by the bank under new chief executive and managing director Sashidhar Jagdishan, displayed an improvement in the asset quality.

    The gross non-performing assets (NPA) ratio stood at 0.81 per cent of the total assets as against 1.42 per cent in the year-ago period and 1.08 per cent at the end of the preceding September quarter, the bank said.

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