Key facts: HDFC Bank Q2 profit rises to 186.4 billion rupees; asset quality improves
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HDFC Bank's Q2 net profit reached 186.4 billion rupees ($2.12 billion), exceeding forecasts and rising from 168.21 billion rupees last year, driven by robust loan growth.1HDFC Bank will announce its quarterly results on Monday, a significant event likely to influence market sentiment as traders evaluate the bank's performance.2HDFC Bank's asset quality improved, with gross non-performing assets stable at Rs 34,289.5 crore and the GNPA ratio down to 1.24% from 1.36% year-over-year.3
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