HDFC Bank posts highest profit at Rs 19,510 crore as Axis leads growth at 37.6%
- HDFC Bank posted the largest profit at Rs 19,510 crore, while Axis Bank had the fastest growth at 37.6%.
- Axis Bank’s jump came off a low base, as a one-time provision had dragged down the same quarter last year.
- ICICI Bank led on margins at 4.18% and on core income growth, which rose 17.7% from a year earlier.
- HDFC Bank had the lowest bad loans at 1.11%, with all three lenders reporting a fall in the quarter.
Source: ndtvprofit.com
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