Categories: Business

HDFC Bank Net Profit Increases by 18% to Rs 10,342 Crore in Q3

New Delhi: The largest private sector loan in the country HDFC Bank on Saturday reported an increase of 18.1 percent in independent net profit at Rs 10,342.20 Crore for the third quarter which ended December 2021.
The bank has registered RS net income 8,758.29 Crore on which According to a quarter of the previous fiscal year.
Total revenue on the basis of Mandiri rose to Rs 40,651.60 Crore in the October-December quarter of FY2021-22, such as against RS 37,522.92 Crore in the same period of the previous financial year, said HDFC Bank in submitting regulations.
However, there was an increase in the proportion of bank bad loans with gross non-performing assets (NPA) rose to 1.26 percent of gross progress on December 30, 2021, opposed 0.81 percent in the period last year.
However, it fell in sequence from 1.35 percent at the end of September 2021.
NBS NPA or a bad loan also rose to 0.37 percent year from 0.09 percent, but dropped from 0.40 percent 0.40 percent September 2021 sequentially.

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