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HDFC Bank Q1 preview: Analysts see up to 30% rise in profit; slippages eyed

Amid the muted economic activity, analysts across the board, expect the lender's bottomline to shrink during the quarter on a sequential basis even as they see up to 30 per cent year-on-year growth

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HDFC Bank | Q1 results

Nikita Vashisht  |  New Delhi 

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Analysts at Motilal Oswal Financial Services remain watchful of the impact of the second wave on total asset quality

Q1 Preview: Amid the muted economic activity, analysts across the board, expect HDFC Bank's bottomline to shrink during the June quarter of FY22 (Q1Fy22) on a sequential basis even as they see up to 30 per cent year-on-year growth on a low base. However, suspension of business activity for the second straight year, due to the second wave of Covid-19, makes them watchful of its SME, unsecured, and agri books.

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First Published: Fri, July 16 2021. 07:15 IST
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