HDFC Bank net profit rises 5% to 16,821 crore for Q2 FY25

Quick Summary:

HDFC Bank's standalone net profit for Q2FY25 increased by 5% to Rs 16,821 crore, with total deposits rising by 15.06% YoY to Rs 25,00,100 crore.

The bank's total income for the quarter reached Rs 85,500 crore, up from Rs 78,406 crore a year ago.

Gross NPAs slightly increased to 1.36%, while net NPAs rose to 0.41%.

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Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaCuba

Topics: HDFC Bank Q2FY25 Net profit Business news Deposits Financial results

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-20 @ 05:13:29 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 582 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23130496

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