HDFC Bank posted yet another quarter of strong performance. Net profit increased 33 percent year-on-year in the third quarter of FY20 backed by robust growth in the loan book and steady operating performance. The largest and most profitable private sector bank has been consistently delivering 20 percent profit growth for many quarters. In Q3, lower taxes boosted earnings growth to more than 30 percent. With the slowing of economic growth, the pace of credit expansion in the economy has decelerated sharply...
Moneycontrol Pro Panorama | RBI lays its cards on the table, over to the market now
May 24, 2022 / 06:34 PM IST
In today’s edition of Moneycontrol Pro Panorama: Air pocket for HAL, mapping a growth trajectory, 'Sikkim Traders' have a lesson to offer, and more
Read NowMoneycontrol Pro Weekender | People’s Bank of China rides to the rescue
May 21, 2022 / 10:10 AM IST
The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth
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