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 | Banking fragility and the heavy hand of the State
Mar 24, 2023 / 02:00 PM IST
In today’s edition of Moneycontrol Pro Panorama: Fed's pause a clue to investors, layoffs a sign of structural slowdown in busin...
Read NowMoneycontrol Pro Weekender: Between the Fed and a hard place
Mar 11, 2023 / 11:38 AM IST
The Fed is caught between combating inflation and worries over a financial mishap
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