 "HDFC Bank Q3: Analysts see up to 17% YoY jump in profit; NIM may contract")
HDFC Bank is set to report a solid double-digit growth in net profit for the October-December quarter (Q3FY22) on the back of a healthy loan book and robust increase in net interest income, analysts said. It’s net interest margin (NIM), however, may see flattish growth sequentially and mild contraction year-on-year, they said.
“HDFC bank has already reported strong growth in loan book, as part of its initial update. Loan growth improved to 16.4 per cent YoY, from 15.4 per cent YoY last quarter, and deposit growth was 13.8 per cent YoY, from 14.4 per cent YoY last quarter,” said
“HDFC bank has already reported strong growth in loan book, as part of its initial update. Loan growth improved to 16.4 per cent YoY, from 15.4 per cent YoY last quarter, and deposit growth was 13.8 per cent YoY, from 14.4 per cent YoY last quarter,” said
