Stable margins and fee income lift HDFC Bank’s September quarter results: Dnyanada Vaidya

Stable margins and fee income lift HDFC Bank’s September quarter results: Dnyanada Vaidya

In a solid second-quarter performance, HDFC Bank delivered results that outpaced market expectations, driven by controlled expenses, stable margins, and steady improvement in asset quality. Speaking to ET Now, Dnyanada Vaidya from Axis Securities said, “Results look good on an operational front also. Bottom line is definitely ahead of our estimates. NII is largely in…

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