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HDFC Bank Q3 Results Review - Stable Quarter; Slight Surprise On Net Interest Income: Dolat Capital

While reported core net interest margin were stable QoQ, calculated NIM expanded by 12-14 bps QoQ, excluding one-time benefits.

<div class="paragraphs"><p>A HDFC Bank branch exterior. (Source: BQ Prime)</p></div>
A HDFC Bank branch exterior. (Source: BQ Prime)
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 
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