HDFC Bank, the second largest private sector bank in India, has reportedly entered into a strategic tie up with SARE Homes in Srinagar for easy finance option for prospective home buyers. With this partnership, all the customers of HDFC can have all the information about SARE and the projects from the Branch Managers of HDFC in Srinagar.
The bank has posted a rise of 20.49% in its net profit at Rs 2869.45 crore for the quarter ended September 30, 2015 as compared to Rs 2381.46 crore for the same quarter in the previous year. Total income has increased by 24.68% at Rs 17324.28 crore for quarter under review as compared to Rs 13894.73 crore for the quarter ended September 30, 2014.
