English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsIIFL expects steady Q2 numbers for HDFC Bank

    IIFL expects steady Q2 numbers for HDFC Bank

    HDFC Bank is set to announce its Q2FY18 numbers today. Rajiv Mehta of IIFL Wealth Management shared his views and outlook of what to expect from the numbers.

    CNBC-TV18
    October 24, 2017 / 10:24 IST

    HDFC Bank is set to announce its Q2FY18 numbers today. Rajiv Mehta of IIFL Wealth Management shared his views and outlook of what to expect from the numbers.

    I am not expecting any surprises, I am expecting a steady quarter. If there is a surprise then I will be slightly shocked, he said.

    Seasonally Q1 sees higher flows of non-performing assets (NPAs) from retail and agriculture, he added.

    I am expecting Q2 to have a lower element of surprise, said Mehta.

    For full interview, watch accompanying video...

    CNBC-TV18
    first published: Oct 24, 2017 10:24 am

    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!

    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