Sanju Verma of Violet Arch Securities says TRAI's recommendations are clearly in favour of Reliance Industries.
India‘s second largest private sector lender HDFC Bank‘s fourth quarter (Jan-March) net profit is expected to rise 30.50% year-on-year to around Rs 1,500 crore. The bank‘s loan book (net) would likely to expand a little more than 22% y-o-y to around Rs 1.95 lakh crore, according to an average estimate of four brokerages.