Moneycontrol PRO

business

NPA may go up 25bps but margins to be up 4%: HDFC Bank

Speaking to CNBC-TV18 in an exclusive interview, Aditya Puri, managing director and chief executive officer of HDFC Bank says that a marginal increase in NPA is a possibility, but it is not alarming. "Margins will most likely remain between 3.9% and 4.3% and we expect credit growth to continue to be around 25-30%," he says.

first published: Sep 13, 2011 10:46 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347