Business

HDFC Bank Result: Bank’s Net Profit Increased By 14.36 Percent

HDFC Bank Result: The bank’s net profit increased 14.36 percent to Rs 8,760 crore in the December quarter. Private sector giant HDFC Bank has released its results for the third quarter of the current financial year 2020-21 on Saturday. The bank’s profit has increased in the December quarter.

The consolidated net profit of the bank for the December quarter stood at Rs 8,760 crore, up 14.36 per cent. The bank had a net profit of Rs 7,416.48 crore in the year-ago period.

At standalone level, the company’s net profit in the third quarter increased by 18.09 per cent to Rs 8,758.29 crore.

HDFC Bank Result: The bank’s net interest income stood at Rs 16,317.6 crore during the December quarter with an increase of 15.1 per cent year-on-year.

The company’s total income on a standalone basis has increased to Rs 37,522 crore. It was Rs 36,039 crore in the year-ago period. HDFC Bank’s gross NPA ratio for the December quarter stood at 0.81 percent.

The bank said that the NPA ratio was 1.42 per cent in the same period a year ago. At the same time, it was 1.08 percent in the September 2020 quarter.

The bank’s total revenue during the period under review was Rs 23,760.8 crore with a jump.

At the same time, other income has been Rs 7,443.2 crore. Gold fell by Rs 8,400 in five months, silver fell by Rs 14,400, know what are the prices The fall in gold prices has been recorded in the past week.

On the last trading day of the week, on Friday, February 5, 2021 futures gold fell by Rs 519 to Rs 48,702 per 10 gram on the MCX exchange.

Apart from this, the futures price of gold on April 5, 2021, fell by Rs 514 to close at Rs 48,715 per 10 gram on the last trading day of the previous week. Let us know how much the gold price has changed in the last week.

Gold fell last week Last week, the price of gold has declined. On Monday, January 11, the first trading day of the previous week, gold prices on MCX opened on February 5, 2021 futures at Rs 48,786 per 10 grams.

At the same time, the price of this gold had closed at Rs 48,967 per 10 grams in the previous session. Thus, the price of this gold has declined by Rs 265 per 10 grams last week.

Amit Kaul

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