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Business Economy


HDFC Bank Q2 Net profit jumps 18.4 pc to Rs 7,513 cr

Mumbai, Oct 17 (UNI) Private sector lender HDFC Bank on Saturday reported 18.4 pc increase in its net profit to Rs 7,513 crore for the quarter ended in September 2020. The profit was at Rs 6,345 crore last year.
Net interest income for the quarter under review increased by 16.7 pc to Rs 15,776.4 crore Bank net revenue grew to Rs 21,868 crore in the September quarter.
The bank made provisions and contingencies amounting to Rs 3,703.50 crore for the September quarter. "Total provisions includes contingent provisions of approximately Rs 2,300 crore for proforma NPA as well as additional contingent provisions to make the balance sheet more resilient," the bank said.
More News

24 Oct 2020 | 8:06 PM

Addressing the participants, Goa Chief Minister Pramod Sawant extended complete support from the Goa Government to all stakeholders and logistics industry in bringing about sustainable economic development through innovative projects that could help Goa in becoming a leading logistical hub of India. He stated that the CII Goa Conference on Logistics was a forum for all to discuss Multi-modal logistics and how it could truly be a game changer for the State of Goa.

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6th Edition - CII Goa Conference on Logistics held

24 Oct 2020 | 8:04 PM

Panaji, Oct 24 (UNI) Sixth edition of CII Goa Conference on Logistics held was held on Saturday.

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Bullion Market closing rates

Bullion Market closing rates

24 Oct 2020 | 4:40 PM

Chennai, Oct 24(UNI) Following is the bullion markets
closing rate here today.

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The Kozhikode Coir market

24 Oct 2020 | 4:30 PM

Kozhikode, Oct 24 (UNI) Following were the rates in the Kozhikode Coir market today per quintal.

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The Kozhikode Oil market

24 Oct 2020 | 4:29 PM

Kozhikode, Oct, 24(UNI) Following were the rates in the Kozhikode Oil market today per quintal,
Copra Office Rs 12, 200,
Dilpas Rs 12, 300,
Rajapur Rs 13, 800,
Bolls Rs 12, 500,
Coconut oil Rs 18, 700.

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