HDFC Bank has launched a new salary account for public sector employees, integrating cyber fraud protection. The account, called Anmol Salary Account, is the first of its kind in India for PSU ...

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(Reuters) HDFC Bank on Wednesday announced a 2% year-on-year rise in net profits to Rs 16,736 crore for the December quarter, impacted by rise in bad loans and slowing growth in advances.

The management said the bank doesn’t provide a breakup of slippages on a quarterly level. Slippages are largely stable ex of agri book. Ex agri loans, slippages at ₹6,500 crore for the third quarter.

Meanwhile, gross advances, or loans sanctioned and disbursed, rose 0.9% to 25.43 trillion rupees, slowing from 1.3% growth in the previous quarter. Also, the HDFC Bank’s Q3 core net interest ...

HDFC Bank Q3 results: HDFC Bank, India’s biggest private lender, on Wednesday reported a standalone net profit of Rs 16,735.5 crore for the October-December quarter (Q3) of the current financial year ...

HDFC Bank's latest quarterly earnings showed a decline in the lender's asset quality. Its non-performing assets (NPAs) as a percentage of total loans—a measure of asset quality—stood at 1.42 per cent ...

A fall in provisions helped HDFC Bank Ltd. report a 2.2% year-on-year rise in profit for the December quarter to Rs 16,736 crore. The bank's bottom line met analysts' expectations of Rs 16,596 crore ...

The bank's provision for bad loans might also rise to ₹3,203 crore, which is still significantly lower than last year's figure of ₹4,217 crore, according to the report. At 11:40am, HDFC Bank ...