HDFC Bank: Net Profit Up to Rs. 1,430 crore

HDFC Bank posted net profit for the third quarter ended December, 2011 at Rs. 1,430 crore, up 31% as compared to Rs. 1,088 crore for the same quarter last year.

Net interest income stood at Rs. 3,117 crore. Net interest margins were at 4.1%.
Total income has increased 36% to Rs. 8,623 crore during the quarter under review from Rs 6,358 crore for the corresponding quarter a year ago.

HDFC Bank's Gross NPAs stood at Rs. 2,020 crore as compared to Rs. 1,895 crore in the same quarter last fiscal.

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