HDFC Bank

HDFC Bank Profit Falls to Rs 16,258 Crore Despite HDB IPO Gain; Provisions Surge to Rs 14,442 Crore

India’s largest private bank, HDFC Bank, just reported its earnings for the latest quarter. The numbers surprised many. Even though the bank made gains from the much-awaited HDB Financial Services IPO, its net profit fell to ₹16,258 crore.

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