Skip to main content
See every side of every news story
Published • loading... • Updated

HDFC Bank profit rises 4.7% as treasury gains slump - FINCHANNEL

  • On Saturday, October 17, 2026, HDFC Bank reported a 4.7% rise in standalone net profit to 195.10 billion rupees for the quarter ended September 30, 2026, narrowly missing LSEG analyst estimates of 195.26 billion rupees.
  • Higher lending income drove performance, as net interest income rose 9.7% to 346.19 billion rupees; treasury trading gains fell to 7.8 billion rupees from 23.9 billion rupees, according to the Financial Express.
  • Gross advances grew 16.3% from a year earlier, while deposits increased 18.8%, with small and mid-market enterprise loans expanding 23.5% and retail lending rising 11.7%.
  • Provisions and contingencies increased 2.1% from a year earlier, though the gross non-performing asset ratio declined to 1.11% from 1.17% in June; Moneycontrol reported the net interest margin fell to 3.16% from 3.26%.
  • These results precede a leadership transition at the Indian lender; Anup Bagchi, managing director and chief executive designate, is due to take over on October 27 for a three-year term, Reuters reported.
Insights by Ground AI

12 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

The Hindu Business Line broke the news in Chennai, India on Saturday, October 17, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal