Indias HDFC Financial institution stories 12.2% revenue progress in Q1 resulting from increased curiosity revenue
[ad_1] July 19 (Reuters) – HDFC Financial institution, India’s largest non-public financial institution by market capitalisation, reported higher-than-expected quarterly revenue on Saturday resulting from a surge in curiosity revenue from loans and treasury positive aspects, whilst provisions for unhealthy loans spiked. The financial institution’s standalone web revenue rose 12.2% to 181.55 billion rupees ($2.11 billion) … Read more