MUMBAI (Reuters) - HDFC Bank Ltd , India's second-biggest private sector lender by assets, reported on Wednesday a 20.5 percent rise in quarterly net profit, in line with analysts' estimates, on higher interest income.
The Mumbai-based lender said net profit rose to 28.69 billion rupees ($440 million) for its fiscal second quarter to Sept. 30, from 23.81 billion rupees a year earlier.
Analysts on average had expected a net profit of 28.81 billion rupees, according to data compiled by Thomson Reuters.
Gross non-performing loans as a percentage of total loans fell to 0.91 percent from 0.95 percent in the June quarter.
($1 = 65.2000 rupees)
(Reporting by Devidutta Tripathy; Editing by Muralikumar Anantharaman)
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