HDFC Bank, India's largest private lender, beat analysts' forecasts for July-September profit on Saturday, helped by higher core lending income, while margins were slightly lower on a sequential basis.

HDFC Bank Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong growth in deposits and loans.

The country's largest private sector lender reported its financial results for the second quarter of the current financial year on October 19.

HDFC Bank , India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two to three years, its chief financial officer said on Saturday.

HDFC Bank has announced a Rs 12,500 crore initial public offering (IPO) for its subsidiary, HDB Financial Services. The IPO will include a Rs 2,500 crore fresh issue and a Rs 10,000 crore offer for sale.

HDFC Bank has reported a 5% year-on-year (YoY) increase in its net profit for the second quarter of FY25, reaching ₹16,821 crore. The figure surpasses the average estimate of ₹16,570 crore as projected by seven brokerages. Despite the ongoing economic challenges, India's largest private-sector bank has shown robust performance for Q2.

HDFC Bank , India’s largest private sector lender, has announced a net profit of Rs 16,821 crore for the second quarter of fiscal year 2024-25, reflecting a 5 per cent year-on-year increase and surpassing analysts' expectations.