HDFC Bank third quarter net profit rises 20 per cent to Rs 5,586 crore
Business | January 19, 2019 17:11 ISTThe bank had posted a net profit of Rs 4,642.6 crore in the October-December quarter of the last fiscal.
The bank had posted a net profit of Rs 4,642.6 crore in the October-December quarter of the last fiscal.
Several users also complained that the old HDFC Bank mobile app was also not available on either Google Play or Apple App Store.
The bank had registered a net profit of Rs 4,151.03 crore in the similar July-September quarter of 2017-18.
According to reports, Sanghvi (38), had left for office from his Malabar Hills house at 8.30 am Wednesday. However, he didn't return home till 10 pm that day. His wife then filed a complaint with the police.
The initial public offer of HDFC Asset Management Company was subscribed 35 per cent within the first few hours on the first day of bidding on Wednesday
Most of the banks, including SBI, PNB and BoB, have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.
The move has, however, been welcomed as "constructive" by Rahul Raj, Founder & CEO, Koinex, India's leading cryptocurrency exchange.
The bank registered 15 per cent rise in interest income to Rs 19,670 crore in the September quarter.
HDFC Bank reported a 22 per cent increase in net interest income year-on-year to Rs 9,752 crore, ahead of analysts' estimates.
On a standalone basis, the number are worse as net income fell 17 per cent to Rs 1,555.74 crore due to higher tax liabilities coupled with lack of profit on sale of investment
Country's second biggest private sector lender HDFC Bank today cut its benchmark lending rate by up to 0.90 per cent, joining over a dozen banks and housing finance companies that have slashed rates in last few days.
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