MUMBAI: Private participant HDFC Bank on Tuesday reported 20.1 in line with cent bounce in web benefit to Rs four,151 crore for the second one quarter ended September 30, 2017-18.
It had earned Rs three,455.three crore benefit within the July- September quarter of the final monetary 12 months.
The financial institution's general income for the quarter under overview was once Rs 23,276 crore, up from Rs 19,970.9 crore within the year-ago length.
Its gross non-performing assets (GNPAs) rose to at least one.26 in line with cent of gross advances from 1.02 in line with cent a 12 months ago. The web NPAs additionally larger to 0.four in line with cent from 0.three in line with cent.
As a outcome, provisions and contingencies for the quarter virtually doubled to Rs 1,476 crore consisting of particular loan loss provisions Rs 749 crore.
Without specifying the title of the corporate, the financial institution made a declaration pronouncing it had participated in a consortium lending which underwent flexible structuring under five:25 regulatory framework as approved through the Joint Lender Forum in February 2016.
"The conduct of the this account with the bank has been standard throughout. Nevertheless, in the interim the bank has made sufficient contingent provisions for this account as on September 30, 2017," HDFC Bank made a declaration in its results.
The financial institution's general capital adequacy ratio (CAR) as in line with Basel III tips, was once at 15.1 in line with cent as towards 15.four in line with cent at the finish of second quarter of the previous fiscal.
For the half 12 months ended September, the financial institution's benefit rose through 22.2 in line with cent to Rs eight,045 crore as in comparison to Rs 6,694 crore in the same length of 2016-17 fiscal.
Total income of additionally advanced to Rs 45,461.five crore as towards Rs 39,293.five crore within the year-ago length.
It had earned Rs three,455.three crore benefit within the July- September quarter of the final monetary 12 months.
The financial institution's general income for the quarter under overview was once Rs 23,276 crore, up from Rs 19,970.9 crore within the year-ago length.
Its gross non-performing assets (GNPAs) rose to at least one.26 in line with cent of gross advances from 1.02 in line with cent a 12 months ago. The web NPAs additionally larger to 0.four in line with cent from 0.three in line with cent.
As a outcome, provisions and contingencies for the quarter virtually doubled to Rs 1,476 crore consisting of particular loan loss provisions Rs 749 crore.
Without specifying the title of the corporate, the financial institution made a declaration pronouncing it had participated in a consortium lending which underwent flexible structuring under five:25 regulatory framework as approved through the Joint Lender Forum in February 2016.
"The conduct of the this account with the bank has been standard throughout. Nevertheless, in the interim the bank has made sufficient contingent provisions for this account as on September 30, 2017," HDFC Bank made a declaration in its results.
The financial institution's general capital adequacy ratio (CAR) as in line with Basel III tips, was once at 15.1 in line with cent as towards 15.four in line with cent at the finish of second quarter of the previous fiscal.
For the half 12 months ended September, the financial institution's benefit rose through 22.2 in line with cent to Rs eight,045 crore as in comparison to Rs 6,694 crore in the same length of 2016-17 fiscal.
Total income of additionally advanced to Rs 45,461.five crore as towards Rs 39,293.five crore within the year-ago length.
HDFC Bank Q2 net profit up 20% at Rs 4,151 crore
![HDFC Bank Q2 net profit up 20% at Rs 4,151 crore]()
Reviewed by Kailash
on
October 24, 2017
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