Diabytes
HDFC Bank Ltd News
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Aditya Puri has been the Managing Director of HDFC Bank since its inception in 1994.
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Gross bad loans as a percentage of total loans stood at 1.26 percent, compared with 1.24 percent in the previous quarter and 1.02 percent a year earlier.
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Lenders such as Yes Bank Ltd and Axis Bank Ltd among others have also cut interest rates on certain savings accounts.
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The bank had earned Rs 2,869.5 crore profit in the same quarter of the last financial year.
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HDFC Bank Monday reported a 20.1 percent rise in the October-December quarter net profit at Rs 3,358.8 crore on higher core interest income as the second largest private lender said it is untouched by the regulator's special review on big-ticket bad assets.
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The bank's had earned a net profit of Rs 2,233.04 crore in the April-June quarter of 2014-15.
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