HDFC Bank Ltd.

NSE: HDFCBANK | BSE: 500180 | ISIN: INE040A01034 | Industry: Banks
| Turnaround Potential
1978.7000 29.10 (1.49%)
NSE Jun 06, 2025 15:31 PM
Volume: 15.1M
 

1978.70
1.49%
Choice India
Q3FY18 Result Analysis: NII increased by 24.1% YoY and 5.8% QoQ in Q3FY18 (22.0% YoY and 4.1% QoQ) on the back of strong growth in advances driving interest income. Interest earned during the quarter grew by 16.9% YoY and 4.6QoQ (15.2% YoY and 5.4% QoQ in previous quarter) while the interest cost remained lower at 10.4% YoY due to the rationalization on deposits rates. Strong credit growth and higher share of low cost deposits base (CASA) positively impacted the NIM which remained stable at 4.3%. After strong expansion in network, bank is focusing on operating efficiencies along with...
HDFC Bank Ltd. has an average target of 2195.60 from 10 brokers.
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