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HDFC Bank reports higher net profits; to pay Rs 4.30/share dividend
The capital adequacy ratio of the Bank has come in at 16.5%, while the gross NPA has come in at 1.02%. The Bank has reported a net interest income of Rs 3390 crores for the fourth quarter.
HDFC Bank's results have come in line with expectations. The Bank is amongst the better managed banks in the country, which has been consistently positing spectacular results quarter on quarter.
The asset quality also continues to be sound, as witnessed by the low level of non performing assets of the Bank. The shares of HDFC Bank was marginally up by 1.55% on the BSE.
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