Bajaj Finance also said its assets climbed more than a fourth in the quarter that saw a record increase in its customer base. HDFC Bank’s deposits rose 20% over last year to ₹17.33 lakh crore. Retail deposits climbed 22%, while wholesale deposits expanded 12%.
Upbeat earnings bolster case for India stocks as Asia wavers
Indian equities are outperforming Asian peers, supported by stronger-than-expected corporate earnings, improving valuations and renewed foreign investor inflows. September-quarter profits rose 20% among major companies,