HDFC Bank Q3: Gross NPAs seen in the range of 1.35-1.4%
Net profit for the bank could rise by 26 percent year on year given the fact that they have better fee income, operating efficiency and lower credit costs.
HDFC Bank is due to post its Q3 earnings on Saturday. The slippages for the bank as per Phillip Capital are estimated to be at Rs 4500 crore compared to a little over Rs 3700 crore in the previous quarter.
Gross NPAs are seen in the range of 1.35-1.4 percent. If the number comes around this estimate then it will be positive."
CNBC-TV18 poll suggests net interest income (NII) growth of 12.8 percent which will be the lowest ever growth in the last 18 quarters for the bank. Net profit could rise by 26 percent year on year given the fact that they have better fee income, operating efficiency and lower credit costs."
First Published: Jan 17, 2020 4:45 PM IST
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