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HDFC Bank posts 20 percent growth in net profit

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8 years ago

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Chennai: HDFC Bank closed the second quarter of the current fiscal with around 20 percent growth in net profit as compared to previous year’s corresponding period, the private sector bank said on Wednesday.

The bank posted a net profit of Rs.2,869.45 crore for the period ended September 30, 2015, up from Rs.2,381.46 crore posted the previous year, the bank said in a statement.

The bank’s total income for the quarter ended September 30, 2015, was Rs.17,324.28 crore – up from Rs.13,894.73 crore for the quarter ended September 30, 2014.

Net interest income (interest earned less interest expended) for the quarter grew by 21.2 percent to Rs.6,680.9 crore from Rs.5,511.0 crore the previous year driven by average assets growth of 29 percent and a net interest margin for the quarter of 4.2 percent, the bank said.

Total deposits were Rs.506,909 crore, an increase of 29.7 percent from the previous year.

Advances as of the quarter ended this year were Rs.418,541 crore, an increase of 27.9 percent over September 30, 2014.

According to HDFC Bank, its gross non-performing assets (NPAs) were at 0.9 percent of gross advances as on September 30, 2015, as against one percent as on September 30, 2014.

The net NPA were at 0.2 percent of net advances as on September 30, 2015.

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Apple is giving a huge discount on its gadgets: Details inside

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2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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