HDFC Bank Q1 internet revenue jumps 21 computer to Rs 9,579 cr

HDFC Bank on Saturday reported a 20.91 per cent leap in its June quarter internet revenue at Rs 9,579.11 crore.

On a standalone foundation, the biggest personal sector lender’s internet revenue elevated to Rs 9,195.99 crore from Rs 7,729.64 crore within the year-ago interval, however was down from Rs 10,055.18 crore within the previous March quarter.

Its complete earnings got here in at Rs 41,560 crore on a standalone foundation, as in comparison with Rs 36,771 crore within the year-ago interval.
Total expenditure elevated to Rs 26,192 crore from Rs 21,634 crore, the financial institution mentioned in an alternate submitting.

Overall provisions for the reporting quarter lowered to Rs 3,187.73 crore as towards Rs 4,830.84 crore within the year-ago interval, the financial institution mentioned.