HDFC Bank Earnings Meet Expectations
  • Elizabeth George
  • Oct 15 2013

October 15: Leading private sector lender HDFC Bank second-quarter numbers met market expectations, profits were in line rising 27% QoQ. Net interest income jumped 15%, but asset quality deteriorated leading to a 1.1% rise in gross NPAs. In this segment, Executive Director Paresh Sukthankar also talks about muted Q2 loan growth due to the RBI’s measures.