HDFC Bank, India's largest private lender, beat analysts' forecasts for July-September profit on Saturday, helped by higher core lending income, while margins were slightly lower on a sequential basis.

HDFC Bank Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong growth in deposits and loans.

HDFC Bank shares are in focus as Jefferies issued a buy rating, highlighting the bank's strategy to improve its loan-to-deposit ratio through robust deposit growth and branch expansion.

HDFC Bank's net profit for the September quarter is anticipated to rise by 2% year-on-year. Net interest income may jump 11%. Investors will watch the management's comments on deposit growth and credit progression.

HDFC Bank, India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two to three years, its chief financial officer said on Saturday. The bank's LDR was at around 86-87% prior to its merger with parent Housing Development Finance Corporation in July 2023,

HDFC Bank , India’s largest private sector lender, has announced a net profit of Rs 16,821 crore for the second quarter of fiscal year 2024-25, reflecting a 5 per cent year-on-year increase and surpassing analysts' expectations.