Financing costs increased 31% year-on-year to ₹1,645 crore during the quarter. Provisions on bad loans increased to ₹636 crore from ₹283 crore a year ago as the bank sought cover for rising non-performing assets (NPAs). Net interest margin (NIM) dropped to 7.5% from 7.7% a year ago.
from Economic Times https://ift.tt/LQpPnc3
from Economic Times https://ift.tt/LQpPnc3
HDB Financial's Q3 net drops 27% on provisions
![HDB Financial's Q3 net drops 27% on provisions]()
Reviewed by শ্রী শ্রী সত্যনারায়ণ নমঃ
on
January 23, 2025
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