HDFC Bank Ltd (HDBK.NS)
1 Oct 2015
** NSE Bank index falls 1.5 pct heading towards its lowest close in nearly 1-1/2 week
MUMBAI - HDFC Bank Ltd, India's second-biggest private sector lender by assets, reported a smaller-than-expected increase in first-quarter profit due to higher provisions for bad loans.
* Bad loans higher sequentially (Adds details, analyst comment)
MUMBAI, July 21 - HDFC Bank Ltd, India's second-biggest private sector lender by assets, reported on Tuesday a 20.7 percent rise in quarterly profit, lagging estimates, as bad loans rose.
MUMBAI - India's stock markets hit their highest in 2-1/2 months on Friday and posted their third consecutive weekly gain given a Greece default is seen as factored in, while better-than-expected progress of the monsoon also helped sentiment.
MUMBAI, July 3 - Indian shares rose on Friday to head towards their highest close in 2-1/2 months as HDFC Bank Ltd rose on relative valuations, while drugmaker Lupin Ltd rose after an acquisition in Russia.
MUMBAI - HDFC Bank Ltd, India's second-biggest private sector lender by assets, said on Thursday it was optimistic of growing loans on the back of faster economic expansion after reporting net profit grew more than a fifth in the March quarter.
* Sees its loan growth outpacing the banking sector (Adds details, management comment)
MUMBAI, April 23 - HDFC Bank Ltd, India's second-biggest private sector lender by assets, reported on Thursday a 20.6 percent rise in quarterly profit, beating estimates.
MUMBAI - HDFC Bank Ltd, the country's second-biggest private sector lender by assets, will reduce its base lending rate by 15 basis points to 9.85 percent, effective April 13, an executive at the bank said on Tuesday.