![HDFC Bank completes stake sale in HDFC Credila for ₹9,553 cr](https://images.assettype.com/fortuneindia%2F2023-04%2F49cab426-7f39-468e-a0e0-fe4e611d8b28%2FHDFC_DSC9979_copy.jpg?w=300&q=95)
HDFC Bank completes stake sale in HDFC Credila for ₹9,553 cr
HDFC Bank sells 14,01,72,180 shares of HDFC Credila to a consortium of private equity companies BPEA EQT and ChrysCapital
HDFC Bank sells 14,01,72,180 shares of HDFC Credila to a consortium of private equity companies BPEA EQT and ChrysCapital
HDFC Bank recorded the biggest single-day drop of 8% on Wednesday, though analysts remain constructive
HDFC Bank's net interest income for the quarter grew 23.9% to ₹28,470 cr
The country’s largest private sector lender has reported double-digit growth in its net profit, driven by strong improvement in interest income as well as lower provisions.
HDFC Bank’s net interest income rose 13% to ₹18,443 crore, while non-interest income grew 10% to ₹8,184 crore.