HDFC Bank reported 20.42 per cent rise in net profit at Rs 3455.33 crore for the quarter ended September 30, 2016 against Rs 2,869.45 crore in the corresponding quarter a year ago.
Samvat 2072 had its share of volatility for domestic equity markets where initial few months were marked by sharp selling while post Budget bulls took charge driving market all the way to within touching distance of all-time
The ongoing push by the Reserve Bank of India (RBI) to revolutionise banking through the Unified Payments Interface (UPI) will leave mobile wallets redundant, as mobile banking has jumped over threefold in February from the y
The benchmark BSE Sensex slid 8.69 per cent to 25,101.73 in the past one year till May 4 following uncertainty due to Chinese yuan devaluation and weak corporate earnings.
Index heavyweights such as Reliance Industries (RIL), HDFC Bank and IndusInd Bank announced their results for Jan-March quarter last week. The results were in line with expectations.
The asset quality and capitalisation of India's banking sector is likely to remain under pressure in the next 12 months because of tepid domestic industrial activity
