April 23, 2015 03:29 pm | Updated 03:29 pm IST - MUMBAI
HDFC Bank Ltd, India's third-largest lender, posted a 20 per cent rise in the fourth quarter profit.
HDFC Bank Ltd, India’s second-biggest private sector lender by assets, reported on Thursday a 20.6 per cent rise in quarterly profit, beating estimates.
The Mumbai-based lender said net profit rose to Rs. 2,807 crore in its fiscal fourth quarter to end-March from Rs. 2,327 crore a year earlier.
Analysts on average had expected a net profit of Rs. 2,780 crore, according to data compiled by Thomson Reuters.
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