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HDFC Bank reported Q2 results largely in line with estimates with margin pressure and rising credit costs despite improving asset quality
By ScoutQuest · · 1 min read
- Profit growth
- 5 percent
- Net interest margin
- 3.16 percent
Heard on business television between 07:36:23 - 07:39:23 IST.
- Profit grew 5% in Q2.
- Asset quality improved.
- Margins remained at historically low levels of 3.16%.
- Credit costs rose even as results broadly met estimates.
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