HDFC Bank net profit rises 20% during first quarter to Rs 6,658 crore – Times of India: MUMBAI: HDFC Financial institution has reported a web revenue of Rs 6,658 crore for the quarter ended June 2020 a rise of 19.6% over the quarter ended June 20, 2019. This was regardless of a lot of the nation being beneath a lockdown through the first quarter of the present fiscal.

HDFC Bank net profit rises 20% during first quarter to Rs 6,658 crore – Times of India

Complete advances as of June 30, 2020, had been Rs 1,003,299 crore, a rise of 20.9% over June 30, 2019. Complete deposits as of June 30, 2020 had been Rs 1,189,387 crore, a rise of 24.6% over June 30, 2019.
Provisions and contingencies for the quarter ended June 30, 2020, had been Rs 3,891.5 crore (consisting of particular mortgage loss provisions of Rs 2,739.eight crore and basic provisions and different provisions of Rs 1,151.7 crore) as towards Rs 2,613.7 crore (consisting of particular mortgage loss provisions of Rs 2,248.Zero crore and basic provisions and different provisions of Rs 365.7 crore) for the quarter ended June 30, 2019. Complete provisions for the present quarter included contingent provisions of roughly Rs 1,000 crore.
Gross non-performing property had been at 1.36% of gross advances as on June 30, 2020, (1.2% excluding NPAs within the agricultural section) as towards 1.26% as on March 31, 2020 (1.1% excluding NPAs within the agricultural section) and 1.40% as on June 30, 2019 (1.2% excluding NPAs within the agricultural section). Internet non-performing property had been at 0.33% of web advances as on June 30, 2020.
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