Wed, Jan 17, 2024
HDFC Bank shares fell sharply on Jan 17 morning despite reporting a 33% increase in net profit for the December quarter. Investors reacted to flat quarter-on-quarter net interest margins, with the share price dropping over 6% on both the BSE and NYSE. While analysts acknowledged positive long-term views, some adjusted their short-term estimates in light of the margin performance.
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Tue, Jan 16, 2024
HDFC Bank Q3 Results: Largest private bank released results, profit of ₹ 16,372 in December quarter
Tue, Jan 24, 2017
Gross non-performing assets rose to 1.05% of gross advances as compared to 0.97% in Q3FY16.
Kotak also feels RBI's asset quality review to offset the impact of stressed assets and enable most banks to see higher growth in net profits compared to pre-provisioning profits.
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