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2024

HDFC Bank Q1 Preview: Muted sequential show expected as PAT may fall up to 5% QoQ

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HDFC Bank's June 2024 results on July 19 may report a 5% net profit drop, attributed to weak deposits and the merger with HDFC Ltd. Investors should watch loan and deposit growth commentary. Net interest income might increase slightly; assets, NIM, and CD ratio remain stable. Operating expenses controlled, fee income aligns with loan growth, lower provisions expected.



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