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HDFC Bank net rises 30% in Q3
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HDFC Bank net rises 30% in Q3

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  • 1.   powered by bluebytes       Saturday , January 19, 2013   HDFC Bank net rises 30% in Q3   Publication: The Times of India , Agency:Bureau    Edition:Chandigarh/Delhi/Kolkata , Page No: 17, Location: Middle­Right , Size(sq.cms): 40     HDFC Bank net  rises 30% in Q3  Mumbai: HDFC Bank has re­ ported yet another quarter of  30% growth in net profit  driven by a sharp growth in  non­intere s t   i n c o m e .   T h e   bank earned a net profit of Rs  1,859.1 crores, an increase of 30%  over the quarter ended December  31,2011.  The lender posted a rise in  non­performing assets com­ pared to the preceding  quarter but percentage of  assets NPAs continued to be  among the lowest in industry  Post­results, the bank stock  dropped a little over 1 % to Rs  659 as most traders had factored  in a 30% growth in net profit,    TNN