HDFC Bank Q4: From interest income, provisions, hiring to asset quality, 10 key highlights of the quarter
For the full year, net profit stood at ₹44,108.7 crore, up 19.3% YoY. Overall, in FY23, the bank posted a total income of ₹192,800.4 crore as against ₹157,263.0 crore for the year ended March 31, 2022.
HDFC Bank, the largest private sector lender, recorded healthy growth in its fourth quarter results for FY23. The bank posted double-digit growth in both profitability and interest income. Its retail lending book witnessed robust growth with home loan products crossing ₹1 lakh crore mark. Also, the bank saw a dip in its provisions and gross NPA.