HDFC Q3 today; will demonetisation impact loan growth?
Analysts at Kotak Institutional Equities said, "We expect moderation in HDFC’s loan growth, 15% growth in AUMs (asset under management) as compared to 17% in 2QFY17. NIM will expand due to lowering of bulk borrowing costs. We do not expect any major rise in NPLs."
HDFC reported consolidated net profit of Rs 1884.29 crore, which grew by 18.76% against Rs 1586.60 crore in the similar period of the previous year. Photo: Pixabay