Business / HDFC Bank Posts Profit Of Rs. 5,885 Crore In March Quarter

NDTV : Apr 20, 2019, 05:06 PM
HDFC Bank reported a slightly better-than-expected fourth-quarter profit of a record Rs. 5,885 crore on Saturday, as the country's biggest lender by market value raked in a higher interest and fee income. Net profit at the bank rose 22.6 per cent for the three months to March 31, from Rs. 4,799 crore a year ago, it said in a statement. Analysts were looking for a profit of Rs. 5,846 crore, according to IBES data.