HDFC Bank net profit rises 20% to â¹3,893 crore
HDFC Bank reported 20.2% increase in net profit to â¹3,893.84 crore for the quarter ended June, compared to the same period last year. Total bad loans rose 47.2% to â¹7,243 crore from â¹4,921 crore a year ago. Notably, its net interest income (NII), or the core income a bank earns by giving loans, increased 20.4% while other income jumped 25.3%.