Kotak Securities has come out with its second quarter (July-September) earnings estimates for the banking sector. The brokerage house expects HDFC Bank to report a 8.4 percent growth quarter-on-quarter (up 28.2 percent year-on-year) in net profit at Rs 1,999.3 crore.
Net interest income is expected to increase by 2.8 percent Q-o-Q (up 17.1 percent Y-o-Y) to Rs 4,543.9 crore, according to Kotak Securities. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
