HDFC Bank Q2 Profit Rises 4.7%; Deputy MD Bharucha to Step Down
HDFC Bank reported a 4.7% rise in its Q2 net profit, reaching ₹20,700 crore. The bank's margin pressure eased while maintaining firm growth. Deputy Managing Director Bharucha announced his decision to step down. Other banks like ICICI, Axis, IDBI, and Central Bank of India also posted profit growth in Q2, while YES Bank highlighted the impact of an AT-1 bond ruling.
Reuters·



