The bank reported a profit of Rs4,151.03 crore up from Rs3,455.33 crore a year ago. Photo: MintMumbai: HDFC Bank Ltd on Tuesday reported a 20.1% jump in its September quarter net profit due to higher net interest income and other income. The bank reported a profit of Rs4,151.03 crore up from Rs3,455.33 crore a year ago. According to 21 Bloomberg analysts, the bank was expected to post a net profit of Rs4,171.40 crore. Net interest income (NII) or the core income a bank earns by giving loans rose 20.75% to Rs9,652.07 crore versus Rs7,993.59 crore last year.

Source: Mint October 24, 2017 07:41 UTC