Mon, Jul 15, 2024
HDFC Life presented results, profit increased from ₹ 415 Cr to ₹ 478 Cr (YoY). Net premium income increased to ₹12,510 Cr (YoY) from ₹11,480 Cr and Net Premium Income stood at ₹12,510 Cr (Est. ₹13,432 Cr).
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Mon, Jan 30, 2017
Housing Development Finance Corp (HDFC) surpassed analyst estimates by reporting 12% year-on-year rise in net profit in its third quarter ended December 31, 2016.
Analysts at Kotak Institutional Equities said, "We expect moderation in HDFC’s loan growth, 15% growth in AUMs (asset under management) as compared to 17% in 2QFY17. NIM will expand due to lowering of bulk borrowing costs. We do not expect any major rise in NPLs."
Tue, Jan 24, 2017
Kotak also feels RBI's asset quality review to offset the impact of stressed assets and enable most banks to see higher growth in net profits compared to pre-provisioning profits.
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