HDFC Bank Q4 NII seen up 20% to Rs 2824cr

By Avni Raja, CNBC-TV18

India's third largest lender HDFC Bank is expected to report fourth quarter profit after tax of Rs 1,099 crore, a growth of 31.4% as compared to Rs 836.6 crore in same period the previous year. Net interest income (NII) is seen going up by 20% to Rs 2,824 crore from Rs 2351.4 crore on year-on-year basis. Other expectations
-Marginal compression in NIMs due to increase in cost of funds
-Loan growth around 30%
-Deposit growth around 21%
-Non interest income expected to grow around 20% driven by fee-income growth.
-Improved credit quality Guidance given in Q3
-See some downward bias in January-March NIM
-Loan growth likely more than 20% next fiscal
-Expect some restructuring in loans to micro fin cos   
-See deposit, credit growth pick up in Jan-Mar
-To open 100-150 branches in Jan-Mar