HDFC Bank Q2 net up 20 %

October 21, 2014 10:18 pm | Updated May 23, 2016 06:34 pm IST - MUMBAI:

HDFC Bank, on Tuesday, reported a 20 per cent rise in net profit, its slowest growth in the past five quarters, at Rs.2,381.50 crore for second quarter ended September 30, 2014, notwithstanding a healthy jump in core interest income and margins, against Rs.1,982.32 crore in the July-September quarter of the last fiscal.

Net interest income grew 23.1 per cent to Rs.5,511 crore, while other income grew 11 per cent at Rs.2,047 crore restricted by a halving of its forex and derivative revenue at Rs.221.70 crore.

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