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HDFC Bank Q2 profit, net interest income, loan growth seen around 20%

Analysts feel if loan growth comes above 20 percent, domestic loan growth above 20 percent and net interest margin above 4.2 percent then that will be taken positively by the Street.

October 24, 2017 / 12:16 IST

HDFC Bank, the country's second largest private sector lender, is expected to report a 20 percent growth year-on-year in profit at Rs 4,143.5 crore for the quarter ended September 2017.

Profit in same quarter last fiscal was at Rs 3,455.3 crore.

Net interest income during the quarter is seen rising 20.9 percent to Rs 9,664.1 crore, compared with Rs 7,993.6 crore in corresponding quarter last fiscal, according to average of estimates of analysts polled by CNBC-TV18.

Key things to watch out for:-

Analysts feel if loan growth comes above 20 percent, domestic loan growth above 20 percent and net interest margin above 4.2 percent then that will be taken positively by the Street.

They also feel low cost deposit flow should remain strong.

Outlook on retail loan growth ahead; and non-performing assets related to SME & agri segments will be closely watched.

first published: Oct 23, 2017 06:27 pm

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