9 Aug 2017

High earnings private sector banks


Our private sector banks continue to contribute high quality earnings. HDFC Bank delivered a steady 20% increase in Net Interest Income (NII) and a 20% increase in profits. Kotak Mahindra Bank is emerging from the integration of its major acquisition and reported NII ahead by 14.7% and profits growth of 26%. Both banks have among the best ratios of non-performing loans in the market.

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