net interest income rose 20% year-on-year in the three months to March. Winning deposits - of late a scramble for most Indian banks - was no problem either. Customer funds grew 21%, more than double the industry’s pace.of deposits points to some niggles. The 11% growth in low-cost accounts undershot a 30% jump in higher-yielding ones.
The bank is firing on most cylinders as it prepares to complete a deal announced a year ago with its $62 billion parent, Housing Development Finance Corporation
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India HDFC Bank's net profit jumps 19.8% in January-MarchHDFC Bank Ltd , India's largest private lender, on Saturday reported a 19.8% jump in net profit for the January-March quarter, aided by healthy net interest income and robust loan growth. yeah you guys seem too much excited about that I would request to everyone please don’t buy any LG appliances electronics Ac , refrigerators or any thing else from Flipkart because Flipkart will send you damaged LG products these e - commerce companies are selling cheap but bad products please don’t buy India will not stop for a while now.
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