Here are five things we can learn from HDFC Bank's results:HDFC Bank continued to maintain its track record of 20% net growth with healthy net revenues setting an upbeat tone for the bank's topline growth. Home loans grew at 33% and credit card business grew at 26%. While working capital and medium-term loans continued to drive corporate growth, personal loan grew at its strongest at 41%. MUMBAI: India's most valuable lender HDFC Bank matched analysts' expectations with its 20.2% jump in net profit at Rs 3,239 crore in the quarter ended June 2016 led by strong net interest income and healthy loan growth. The bank set aside Rs 120 crore as provisions against its exposure to the Punjab government for procurement of food grains.
Source: Economic Times July 21, 2016 20:53 UTC