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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TMC leader killed in Bengal's Birbhum
Kolkata (PTI): A local Trinamool Congress (TMC) leader was murdered by unidentified assailants in West Bengal's Birbhum district, police said on Saturday.
Rajbehari Sardar (65), TMC's booth chief in Patisara gram panchayat, was stabbed and severely beaten up by around five-six people at a function in Nanoor area around 10 pm on Friday, a police officer said.
Sardar was taken to Mangalkot Hospital in neighbouring Purba Bardhaman district where he was declared dead by doctors, he said.
The deceased's son alleged that Sardar was killed by members of a rival faction of the party.
The local TMC leadership said Sardar was a committed party worker and was popular in the area, but claimed that there was no report of the involvement of anyone from the party in the murder.
"We demand a thorough and prompt investigation into the incident," a local TMC leader said.
