Mumbai: HDFC Bank Ltd said its net profit for the 2007 first quarter arose 34.3 per cent, hiked up by higher credit expansion that held up ascending interest rates.
Net profit for the April-June period ascended to Rs 321 crore from Rs 239 crore a year earlier.
Total income rose 47.2 per cent to Rs 2,642 crore from Rs 1,795 crore.
HDFC Bank was incorporated in August 1994 and started processes as a Scheduled Commercial Bank in January 1995. As on March 31, 2007, it had a nationwide network of 684 branches and 1605 ATM's in 316 Indian towns and cities.
Industrial Development Bank of India
Mumbai: Allahabad bank has declared its quarterly earnings on Saturday.
Kolkata: Hampered by the shocking record in priority segment lending in eastern region, Oriental Bank of Commerce (OBC) held a meeting of all the 44 section heads in the region including West Bengal, Sikkim and Assam to fix up schemes to raise the bank’s exposure towards this sector. 
UTI Bank declared a significant rise of 45.15% in net profit for the quarter ended June 2007.
was trading nearly flat at Rs 968.90 at after state-owned Dubai International
