HDFC Bank is expected to report single digit year-on-year growth in its third quarter net profit and net interest income (NII), according to analysts. The Street will watch out for growth in the bank’s deposits, guidance for credit growth, and outlook on margins. Any positive or negative surprises may elicit a sharp reaction in the stock price. Follow CNBC-TV18’s live blog to get all the latest updates on HDFC Bank’s Q3 earnings.
HDFC Bank Ltd., India’s largest private sector lender, will release its October-December quarter results on Wednesday, January 22. The bank is expected to report single digit year-on-year growth in its third quarter net profit and net interest income (NII), according to analysts. Any positive or negative surprises may elicit a sharp reaction in the HDFC Bank stock price. The Street will watch out for growth in the bank’s deposits, guidance for credit growth, and outlook on margins. Follow CNBC-TV18’s live blog to get all the latest updates on HDFC Bank’s Q3 earnings.
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