21-July-2026
Corporate News
 
HDFC Bank reports steady Q1; net up 5%
20-Jul-2026

HDFC Bank’s net profit for the quarter ended June grew 5% on-year to Rs 19,060 crore, missing analyst expectations. The bottomline for the lender was pegged at Rs 19,720 crore as per Bloomberg estimates. Net profit was up on the back of falling provisions and steady growth in net interest income (NII). NII was up 7% on-year to Rs 33,534 crore in the reporting quarter. However, it was lower than Bloomberg estimates of Rs 34,257 crore. Net interest margin (NIM) for April-June stood at 3.26% as against 3.40% a quarter ago.

News Source:- https://www.financialexpress.com/business/banking-finance/hdfc-bank-reports-steady-q1-net-up-5/4295872/
 
 
 

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