HDFC Bank Q1 profit seen up 21% at Rs 3,923 cr, retail loan growth outlook key

Analysts feel if loan growth comes above 15 percent, domestic loan growth above 20 percent and net interest margin above 4 percent then that will be positive.

July 22, 2017 / 16:28 IST

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Country's second largest private sector lender HDFC Bank is expected to report 21 percent growth in profit Rs 3,923.1 crore for April-June quarter against Rs 3,239 crore in same quarter last fiscal.

Net interest income during the quarter is seen rising 20 percent year-on-year to Rs 9,337 crore, according to average of estimates of analysts polled by CNBC-TV18.

Key things to watch out for:-

Analysts feel if loan growth comes above 15 percent, domestic loan growth above 20 percent and net interest margin above 4 percent then that will be positive.

Low cost deposit flow is expected to remain strong, analysts said, adding outlook on retail loan growth ahead will be seen closely.

first published: Jul 22, 2017 04:28 pm

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