The bank’s total income for the quarter ended September 30, 2015, was Rs.17,324.28 crore – up from Rs.13,894.73 crore for the quarter ended September 30, 2014. Net interest income (interest earned less interest expended) for the quarter grew by 21.2 percent to Rs.6,680.9 crore from Rs.5,511.0 crore the previous year driven by average assets growth of 29 percent and a net interest margin for the quarter of 4.2 percent, the bank said.
Total deposits were Rs.506,909 crore, an increase of 29.7 percent from the previous year. Advances as of the quarter ended this year were Rs.418,541 crore, an increase of 27.9 percent over September 30, 2014. According to HDFC Bank, its gross non-performing assets (NPAs) were at 0.9 percent of gross advances as on September 30, 2015, as against one percent as on September 30, 2014. The net NPA were at 0.2 percent of net advances as on September 30, 2015.