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HDFC Bank Q3 results: Net profit rises 18% to Rs 8,758 crore; NII grows 15% The rise in net profit came on the back of increase in net interest income, which grew 15.1 per cent to Rs 16,317.6 crore in December quarter from Rs 14,172.19 crore in same quarter last fiscal BusinessToday.In | February 2, 2021 | Updated 16:54 IST HDFC Bank reported 18.1 per cent increase in net profit for the quarter ended December 31, 2021. For the quarter under review, the private sector lender posted a standalone net profit of Rs 8,758.29 crore, as opposed to Rs 7,416.48 crore in the year-ago period. The rise in net profit came on the back of increase in net interest income (NII), the difference between interest earned and interest expended. The bank s NII for December quarter this fiscal grew 15.1 per cent to Rs 16,317.6 crore from Rs 14,172.19 crore in the corresponding quarter last fiscal. Advances growth of 15.6 per cent and core net interest margin of 4.2 per cent drove the ris ....