Chennai, April 21: Private HDFC Bank on Saturday said it closed last fiscal with a net profit of Rs 17,486.75 crore.
The Board of Directors of HDFC Bank at its meeting on Saturday has recommended a dividend of Rs 13 per equity share of Rs 2 each out of the net profits for the year ended March 31, 2018.
In a regulatory filing in BSE, the bank said it had posted a net profit of Rs.17,486.75 crore for the year ended March 31, 2018 up from Rs 14,549.66 crore posted the previous fiscal.
The bank's total income for the period under review stood at Rs 95,461.66 crore up from Rs 81,602.45 crore earned during the year ended March 31, 2017.
The bank had provided Rs 5,927.49 crore towards provisions and contingencies last fiscal up from Rs 3,593.30 crore provided for the year ended March 31, 2017.
The gross non-performing assets (NPA) stood at Rs 8,606.97 crore as on March 31, 2018 up from Rs.5,885.66 crore as on March 31, 2017.
The net NPA stood at Rs 2,601.02 crore up from Rs 1,843.99 crore last fiscal.
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Auto driver Sharif murder case: Two taken into police custody
Mangaluru: In connection with the murder of Mulki-based auto rickshaw driver Muhammad Sharif (52), two individuals have been taken into custody by Manjeshwar police. Sharif, a resident of Kolnadu in Mulki, had gone missing on the night of April 9. His body was discovered the following night in an abandoned well in Kunjathur Padu, within the Manjeshwar police station limits.
According to police sources, preliminary postmortem findings confirmed that Sharif had been murdered before his body was dumped in the well. Investigation revealed that three individuals from Mangaluru had hired Sharif’s auto rickshaw on the night of his disappearance. CCTV footage from the Talapady toll gate captured the rickshaw heading towards Manjeshwar around midnight.
Based on this and other leads, Manjeshwar police intensified their probe and have now detained two suspects, both reportedly from Mangaluru, for questioning in connection with the case.
The investigation is ongoing.
