securebank.in/ 1:58 PM: HDFC Bank Ltd, Indias second-biggest - TopicsExpress

securebank.in/ 1:58 PM: HDFC Bank Ltd, Indias second-biggest private sector lender by assets, on Tuesday reported a 20 percent rise in quarterly net profit, lagging estimates, due to higher tax expenses and provisioning for loan losses.Net profit rose to 23.81 billion rupees ($388.51 million) in its fiscal second quarter to Sept. 30, from 19.82 billion rupees a year earlier, the Mumbai-headquartered bank said in a statement.

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