HDFC Bank Q3 Results LIVE Updates: HDFC Bank share price muted ahead of Q3 earnings today

HDFC Bank Q3 Results Live Updates: HDFC Bank, the largest private sector lender in India, is set to announce its Q3 results today, January 16. HDFC Bank is expected to report overall healthy earnings for the fiscal third quarter ended December 2023. However, the net interest margins (NIMs) could see the pressure of the high cost of funds.

The bank’s NIMs are likely to be range bound between 3.4% and 3.6% due to the high cost of funds. Analysts expect the private lender to report a 32.5% YoY rise in net profit while net interest income (NII) can rise 26.8% YoY in Q3FY24. Gross NPL ratio during the third quarter of FY24 is likely to remain stable.

Stay tuned to our HDFC Bank Q3 results live blog for the latest updates: HDFC Bank Q3 Results Live: HDFC Bank shares fall ahead of Q3 results HDFC Bank share price traded lower ahead of the announcement of Q3 results today. HDFC Bank shares were trading down by 0.57% at 1,662.30 apiece on the . HDFC Bank Q3 Results Live: HDFC Bank to announce Q3 results today HDFC Bank, the largest private sector lender in India, is set to announce its Q3 results today, January 16.

HDFC Bank is expected to report overall healthy earnings for the fiscal third quarter ended December 2023..