HDFC Bank shares rise by 1% after individual loan disbursements gain 26% in third quarter

HDFC Bank share price was up over a percent on January 5 after individual loan disbursements rose 26% in the third quarter ending December 2020. The corporation allowed loans to HDFC Bank amounting to Rs 7,076 crore compared to Rs 4,258 crore in the previous year quarter. Individual loans sold in the preceding 12 months amounted to Rs 16,956 crore as against Rs 21,066 crore in the previous year. The share was quoting at Rs 2,623.10, up Rs 43.75, or 1.70% at 10:02 hours.

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