HDFC Bank Q3 net profit increases 20.3% to â¹5,586 crore
Private sector lender HDFC Bank's net profit for the December quarter rose 20.3% year-on-year to â¹5,585.85 crore. The bank's net interest income, or the core income from operations, grew by 22% to â¹12,577 crore from â¹10,314 crore in the year-ago period. This was driven by asset growth of 23.7% and a core net interest margin of 4.3%, the lender said.