HDFC Bank Q4 net rises 18% to Rs 3,990 cr

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HDFC Bank, the country's second largest in the private sector in terms of assets, reported an 18.3 per cent rise in both its fourth quarter as well as yearly net profit.

This was so even as provisioning increased, mainly on the asset classification leeway given in the third quarter by the Reserve Bank of India (RBI) and due to aggressive expansion of the loan book in the fourth quarter.document.write(""); googletag.cmd.push(function() { googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop', 'div-gpt-ad-1490771277198-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().enableSyncRendering(); googletag.enableServices(); });

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