 "Earlier this month, HDFC Bank said its loan book had expanded 16 per cent on a yearly basis to Rs 10.37 trillion as on September 30, 2020")
Private lender HDFC Bank will kick start the July-September quarter earnings season for large-cap banks when it will report its Q2FY21 results on Saturday, October 17. Hit by Covid-19 pandemic, the lender is expected to report a sub-20 per cent YoY growth in net profit for the third consecutive quarter.
Above-industry loan growth, flattish net interest margin (NIM), stable asset quality, and fewer provisions are the other elements that may mark the quarter under review.
Earlier this month, HDFC Bank said its loan book had expanded 16 per cent on a yearly basis to Rs 10.37 trillion as on September
