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HDFC Bank results preview for Q2FY22
HDFC Bank results preview for Q2FY22
HDFC Bank is set to announce its Q2FY22 results on Saturday, the first bank to do so for this quarter. Based on the pre-earnings numbers, the bank is set to post a strong set of numbers for Q2 of FY22. Net Interest Income for the company is set to go up over 10% and Core Pre-provisioning Operating profit is expected to rise around 15%. Recovering and slippages are expected to improve on the back of a soft quarter in Q1 of FY22. Gross NPAs are expected to be below the 1.5% mark. Hersh Sayta gives us a quick brief on how the numbers are expected to shape up.
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