 "Aditya Puri, HDFC Bank")
Private sector lender HDFC Bank on Saturday reported a 15.4 per cent rise in consolidated net profit at Rs 7,280.22 crore for the fourth quarter of 2019-20.
The bank had posted a net profit of Rs 6,300.81 crore during the corresponding January-March period of 2018-19.
The consolidated total income during the March quarter of 2019-20 increased to Rs 38,287.17 crore, from Rs 33,260.48 crore a year ago, the bank said in a regulatory filing.
The bank said it will not make any further dividend payouts from profit pertaining to 2019-20, in line with RBI directives announced on Friday.
The central
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