HDFC Bank Dividend: HDFC Bank said in a regulatory filing, “The Board of Directors in its meeting has approved a dividend of Rs 19 per equity share of Re 1 each fully paid-up (i.e. 1900 per cent) out of net profit for the year ended 31 March 2023.” Dividend is recommended.”
HDFC Bank: A big announcement has been made by HDFC Bank. In fact, India’s largest private sector bank HDFC Bank has announced a dividend of Rs 19 per equity share i.e. 1900 percent for the financial year 2022-23 on Saturday. This is higher than the dividend of Rs 15.5 declared for the previous year. Along with this, now the investors of the company are going to get the benefit of this dividend.
Declaration of dividend
The record date for determining the eligibility of investors entitled to receive dividend on equity shares has been kept as May 16, 2023. HDFC Bank said in a regulatory filing, “The Board of Directors in its meeting recommended a dividend of Rs 19 per equity share of Re 1 each fully paid-up (i.e. 1900 per cent) of net profit for the year ended March 31, 2023.” Is.”
Along with this, HDFC Bank
has also released its March quarter figures. There has been a jump in the net profit of the bank. HDFC Bank on Saturday reported a 16.53 per cent jump in its standalone net profit to Rs 12,047 crore for January-March 2023 (Q4 FY23). Its net interest income grew 23.7 per cent to Rs 23,351.8 crore for the quarter ended March 31, 2023, from Rs 18,872.7 crore a year ago.
HDFC Bank
Whereas CASA (Current Account Savings Account) deposits of the bank have increased by 11.3 percent. Apart from this, Rs 5,62,493 crore is deposited in its savings account and Rs 2,73,496 crore is deposited in the current account. HDFC Bank’s net profit for the full financial year 2022-23 has increased by 19.3 percent to Rs 44,108.7 crore as compared to the year ended March 31, 2022.
