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HDFC Bank Reports 18% Rise in Profits

HDFC Bank Reports 18% Rise in Profits

HDFC Bank reported an 18% YoY rise in Q3 profits to INR 103bn ($1.4bn) with its net interest income (NII) rising 13% to INR 184bn ($2.5bn) for the quarter ended December. Retail loans grew 13.3%, commercial and rural banking loans grew 29.4% and corporate and other...
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