INSUBCONTINENT EXCLUSIVE:
with market expectations.
The bank posted 20.27 per cent year-on-year growth in net profit on higher net interest income
Net profit jumped to Rs 4,799.28 crore from Rs 3,990.09 crore reported for the same period last year.
Net interest income (NII) rose 17.70
per cent YoY to Rs 10,657.71 crore from Rs 9,055.10 crore a year earlier
share of face value of Rs 2 each for the year ended March, 2018.
Total advancesTotal advances stood at Rs 6.58 lakh crore as of March 31,
2018, which grew 18.70 per cent from the same period last year
The loan mix stood at 57:43 between retail and wholesale
capital bonds and long-term bonds (financing of infrastructure and affordable housing) of up to Rs 50,000 crore over next 12 months through
private placement, subject to shareholder approval.
Stable NPAsAsset quality remained almost stable, as the percentage of gross
non-performing assets (NPA) came in at 1.30 per cent against 1.29 per cent reported for the sequential quarter
Percentage of net NPAs as of March-end stood at 0.40 per cent compared with 0.44 per cent at the end of December
Balance Sheet: Total balance sheet size as of March 31, 2018 came at Rs 10.64 lakh crore as against Rs 8.64 lakh crore as of March 31,
2017.
Provisions: Provisions and contingencies increased 22.13 per cent to Rs 1,541.10 crore during the quarter under review
The figure stood at Rs 1,261.80 in the same quarter last year
Ahead of its quarterly numbers, shares of HDFC Bank on Friday settled at Rs 1960.95, up 1 per cent, against the previous close of Rs
