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Saturday, October 19, 2024

HDFC Bank Q2 profit jumps 5% to Rs 16,821 crore

HDFC Bank Ltd., India's largest private sector lender, recorded a 5% increase in net profit for the quarter ending September 30, 2021, reaching Rs 16,821 crore. Net interest income grew by 10% to Rs 30,114 crore. However, the bank's asset quality slightly deteriorated with gross NPA rising to 1.36%.

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Apple reclaims world's most valuable company title as Nvidia slips amid AI investment concerns

Apple has reclaimed the position of the world's most valuable company, surpassing Nvidia amid rising concerns. Both companies have seen ...