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The bank on July 17 reported a 16.1 percent year-on-year growth in standalone profit at Rs 7,729.64 crore for the quarter ended June 2021 which was below market expectations as a CNBC-TV18 poll had estimated the numbers to the tune of Rs 7,995.9 crore. Banking, financial stocks drag: Poor show of banking and financial heavyweights, such as HDFC twins, IndusInd Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank and SBI, pushed the equity benchmarks lower.īanking and financial stocks came under fresh pressure after the June-quarter numbers of HDFC Bank failed to meet market expectations. Unlocking opportunities in Metal and MiningĢ.Headwinds and Tailwinds Pharma Industry Conclave.Crypto Control Life Insurance Made Simple.Interview Series Business In The Week Ahead.

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