HDFC Bank Ltd (HDBK.BO)
29 Jul 2016
MUMBAI HDFC Bank Ltd said it was "comfortable" with the rise in bad loans in its fiscal first quarter as the nation's second-biggest private sector lender by assets reported net profit rose by a fifth in line with analysts' estimates.
MUMBAI, July 21 HDFC Bank Ltd, India's second-biggest private sector lender by assets, reported a 20 percent rise in quarterly profit on higher interest and fee income, in line with analysts' estimates, although its bad loans rose.
May 12 India's HDFC Bank Ltd appointed K. Balasubramanian head of corporate banking.
MUMBAI HDFC Bank Ltd said on Friday it was seeing growth in lending to companies as the nation's second-biggest private sector lender by assets reported a 20.2 percent rise in fourth-quarter net profit with lending quality stable.
* Outpaces growth in lending market, asset quality stable (Adds management comment)
MUMBAI, April 22 HDFC Bank Ltd, India's second-biggest private sector lender by assets, said its quarterly net profit rose about a fifth, in line with analysts' estimates.