HDFC Bank Q3 profit zooms 33.5% to ₹16,370 cr
HDFC Bank's net interest income for the quarter grew 23.9% to ₹28,470 cr
HDFC Bank's net interest income for the quarter grew 23.9% to ₹28,470 cr
HDFC’s net interest income for the Dec quarter also grows 13% to ₹4,840 cr; AUM grows to ₹7 lakh cr in Q3 FY23.
These will be small in size and will be phygital centres. HDFC Bank says this will enable it to go after "catchment more aggressively" and build required liability franchise that it’s known for.
The fundraising plan will come up for discussion on April 16. The merger will create a large balance sheet and net worth that would allow a greater flow of credit into the economy.