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HDB - HDFC Bank misses profit estimates skips dividend
HDFC Bank Limited
HDFC Bank (HDB): FQ4 net profit of ?81.86B vs. a consensus of ?85.5B.Total income of ?409.1B (+6.85% Y/Y)NIM declined to 4.2% from 4.3%, due to the high liquidity on the Balance sheet.Gross NPAs stood at 1.32% vs. a 1.38% in prior quarter.The company decided against giving out dividend for FY21 due to second wave of COVID-19.Press Release