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HDFC Bank has reported a net profit of Rs 2,870 crore for Q2

On Wednesday, the HDFC Bank has posted a net profit of Rs 2,870 crore in the second quarter ended September 30.

The profit after tax of the bank for Q2 stood at Rs 2,870 crore in FY 16, increased by 20.5 percent as compared to Rs 2,382 crore year -on-year in the second quarter of the previous fiscal year.

The bank said in a regulatory filing that its net interest income (interest earned less interest expended) increases 21.2 percent to Rs 6,680 crore, the net revenues rose by 22.2 percent to Rs 9,232.7 crore in the reporting quarter.

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