HDFC Bank Ltd. said borrowing for working capital and capital expenditure was behind the growth in its corporate loan book in the fourth quarter ended March, a period when businesses bore the brunt of the Covid-19 outbreak. HDFC Bank has recorded 18% growth in net profit to Rs 6927.69 crore in the quarter ended March 2020 (Q4 FY2020), driven by healthy growth in interest as well as non-interest income. The bank had also exhibited decline in decline in cost-to-income ratio. The lower effective tax rate also boosted the bottomline of the bank in Q4FY2020. However, the provisions for the bank...