HDFC Bank reported strong set of numbers on all parameters despite Covid-19 induced lockdown in late March. It grew its profit by 17.72% led by strong loan growth of 21% YoY, low cost of funds and lower tax rate. It saw a deposit growth of 24% YoY with CASA ratio at 42% a jump of 270 bps as compared to last quarter. Margins expanded sequentially as well as YoY to 4.3% despite having higher liquidity coverage ratio at 132%. Asset quality saw improvement with GNPA falling 16 bps sequentially to 1.26%...