HDFC Bank says not much pressure on asset quality
HDFCBANK-OUTLOOK:HDFC Bank says not much pressure on asset quality
MUMBAI (Reuters) - HDFC Bank
The bank is also seeing "renewed, intensified competition" from several banks on retail loan products, he added.
Earlier, HDFC Bank, India's No.3 lender, met forecasts with a 30 percent rise in quarterly profit on Friday, led by higher loan growth, better fee income and stable asset quality.
(Reporting by Swati Pandey; Editing by Anand Basu)