Mumbai: Lending major HDFC Bank on Saturday reported a year-on-year rise in net profit of 18.1 per cent for the third quarter of FY22. The bank’s net
Mumbai: Lending major HDFC Bank on Saturday reported a year-on-year rise in net profit of 18.1 per cent for the third quarter of FY22. The bank’s net profit increased to Rs 10,342.2 crore during the period under review over the quarter ended December 31,2020. Besides, the bank’s net interest income (income earned less interest expended) for the quarter under review grew by 13 per cent to Rs 18,443.5 crore from Rs 16,317.6 crore for the quarter ended December 31,2020. The lender’s net revenues (net interest income plus other income) increased by 12.
