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India: HDFC Bank Q1 net surges 83 per cent at Rs 46.35 cr.
MUMBAI, July 12. HDFC Bank has registered a net profit of Rs. 46.35 crores (Rs. 25.32 crores), up 83 per cent, for the quarter ended June 30, 2000.
According to the bank, the figures for the current year are not comparable with those of the corresponding period in the previous year as Times Bank Ltd has merged with the bank effective February 26, 2000.
The bank's total income for the period stood at Rs. 322.74 crores (Rs. 138.46 crores). Interest income for the period was Rs. 278.55 crores (Rs. 120.03 crores) while other operating income was Rs. 44.19 crores (Rs. 18.43 crores).
Other operating income relates to income from non-fund based banking …
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