Business
HDFC Bank Reports 6.7% Increase in Q4 FY25 Net Profit, Reaching Rs 17,616 Crore
In the reported quarter, HDFC Bank’s NII increased by just over 10% Y-o-Y to Rs 32,065.8 crore, even though advances saw a low-teen growth rate. The bank’s other income was recorded at Rs 12,003 crore. The net interest margin (NIM) stood at 3.54% on total assets and 3.73% on earning assets, reflecting a crucial metric of the bank’s profitability.
However, the bank’s operating profit declined by 9.4% Y-o-Y to Rs 26,537 crore in Q4FY25, down from Rs 29,274 crore in Q4FY24. Provisions and contingencies saw a substantial decrease of 76% Y-o-Y, falling to Rs 3,193 crore. Additionally, asset quality showed improvement, with the gross non-performing assets (NPA) ratio decreasing by 9 basis points from Q3FY25 to 1.33%, while the net NPA ratio remained at 0.43%.
Gross advances increased by 5.4% Y-o-Y to reach Rs 26.43 trillion. Breaking this down, retail loans experienced a growth of 9% Y-o-Y, commercial and rural banking loans rose by 12.8% Y-o-Y, and corporate and wholesale loans climbed by 3.6% Y-o-Y.
The bank’s deposit base saw a significant increase of 14.1% Y-o-Y, totaling Rs 27.14 trillion as of March 31, 2025. Current account and savings account (CASA) deposits grew by 3.9% Y-o-Y, while time deposits surged by 20.3% Y-o-Y, resulting in CASA deposits constituting 34.8% of the total deposits.
New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.
The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.
After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.
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The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.
Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.
Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.
Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.
The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.
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The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.
The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.
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The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.
Business : Indian companies borrowed $5.43 billion from abroad in March, according to RBI data. This was 51% lower than March last year.
Experts said the weak rupee and high global interest rates made foreign loans less attractive for companies.
In the financial year 2025-26, India Inc raised nearly $43 billion through foreign borrowings. This was down from $61 billion in the previous year.
In March 2025, borrowings had crossed $11 billion due to large deals by companies like JSW Steel and Tata Semiconductor Manufacturing.
Companies are also avoiding overseas loans because hedging costs have become expensive during currency volatility.
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The RBI reportedly discussed easing foreign borrowing rules and offering hedging support, but no final decision was taken.
Market experts said the ongoing West Asia conflict has increased uncertainty, making companies cautious about raising funds from abroad.
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