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HDFC Bank s board has approved the appointment of former NABARD Chairman Harsh Kumar Bhanwala s appointment as additional independent director. The board also gave its nod for appointing V Srinivasa Rangan as executive director for three years, pending shareholder approval. Bhanwala s tenure spans January 2024 to January 2027. ....
Just two complimentary lounge access vouchers will be offered as part of quarterly milestone benefit. Following which, the access will depend on credit card spends. ....
During the quarter, the lender’s asset quality deteriorated with the percentage of gross non-performing assets (NPAs) rising to 1.34 per cent from 1.17 per cent in the April-June period ....
HDFC Bank Q2 Results: Profit rises 51.1% on-year to Rs 16,811.41 crore, NII at Rs 27,385 crore financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
HDFC Bank on Monday reported a consolidated net profit of Rs 16,811 crore for the September quarter, its maiden quarterly earnings announcement after merging parent HDFC with itself.
On a standalone basis, the largest private sector lender reported a net profit of Rs 15,976 crore.
In the year-ago period, the net profit of the merged entity would have been Rs 11,162 crore on a consolidated level while the same on a standalone basis would have been Rs 10,606 crore. ....