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Bank stocks surge on hopes of limited covid impact

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₹13,249 crore in the fiscal fourth quarter as asset quality improved. The bank also expects to grow its loan book by 10% in the current fiscal, significantly faster than the 5.67% growth seen in the year ended 31 March.India’s largest private lender HDFC Bank reported a 18.17% y-o-y rise in net profit for the three months to March owing to a rise in net interest income (NII) and other income.

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