Q3 2020 HDFC Bank Ltd Earnings Call Transcript
Ladies and gentlemen, good evening, and welcome to HDFC Bank earnings conference call on the financial results for the quarter ended 31st December 2019, presented by Mr. Srinivasan Vaidyanathan, Chief Financial Officer.
We also have with us Mr. Sashi Jagdishan, Group Head and Change Agent of the bank; Mr. Jimmy Tata, Chief Risk Officer; and Mr. Rahul Shyam Shukla, Group Head, Wholesale and Business Banking, on this call.
(Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Srinivasan Vaidyanathan. Thank you, and over to you, sir.
Okay. Thank you, Aman. Good evening to all. Appreciate the participants calling in today. We'll get to the results relating for the quarter and also for the 9 months ended December 31, 2019.
Let's start with net revenues. Net revenues grew by 19.1%, broadly driven by an advances growth of 19.9%, deposits growth of 25.2% and other income growth of 35.5%.
Net interest income for
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