HDFC Bank Q1 net up 31%

 
The total income of the bank rose to Rs 5136.75 crore for the quarter ended June 30, 2009 from the comparable quarter of the previous year at Rs 4215.15 crore.

During the quarter under review, the bank’s interest income surged 13 per cent to Rs 4,093.1 crore as compared with Rs 3,621.7 crore in the quarter ended June 30, 2008, it pointed out in a filing with BSE here. The Bank said its net interest income (NII) for the quarter stood at Rs 1,855.6 crore — driven by average asset growth of 10.5 per cent — while a net interest margin (NIM) was 4.1 pc.

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