HDFC Bank’s net interest income, or the core income a bank earns by giving loans, increased 24.1% to Rs10,314.34 crore compared with Rs8,309.09 crore last year. Photo: Pradeep Gaur/ MintMumbai: HDFC Bank Ltd on Friday reported a 20.1% rise in Q3 profit on higher net interest income (NII) and other income. HDFC Bank’s net profit rose to Rs4,642.60 crore for the quarter ended 31 December from Rs3,865.33 crore a year ago. According to 17 Bloomberg analysts’ estimates, the bank was expected to post a net profit of Rs4,706.90 crore. Net interest income, or the core income a bank earns by giving loans, increased 24.1% to Rs10,314.34 crore compared with Rs8,309.09 crore last year.

Source: Mint January 19, 2018 06:53 UTC