HDFC Bank Reports 4.7% Second-Quarter Profit Growth
HDFC Bank’s second-quarter profit grew 4.7%, as margin pressures and higher bond yields partly offset growth in assets and deposits.
HDFC Bank’s second-quarter profit rose 4.7%. The relatively modest increase came as margin pressures and rising bond yields partly offset faster growth in assets and deposits. The lender is due to welcome a new chief executive this month, bringing a prolonged period of uncertainty over s… to an end.