India's HDFC Bank Q4 net rises a fifth, bad loan ratio eases

April 22, 2016 8:00 AM

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MUMBAI, April 22 HDFC Bank Ltd, India's second-biggest private sector lender by assets, said its quarterly net profit rose about a fifth, in line with analysts' estimates.

Gross bad loans as a percentage of total loans fell to 0.94 percent in the fiscal fourth quarter ended March, from 0.97 percent in the previous three months.

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