HDFC Bank achieves net profit of ₹16,811 crore after merger, marking a fresh start.
In a significant development, HDFC Bank has released its first earnings report since its merger with HDFC. The merger has resulted in consolidated net revenues of ₹66,317 crore for the second quarter. Impressively, the merged entity has achieved a consolidated net profit of ₹16,811 crore as of September end. The gross non-performing assets (NPAs) of…