The private sector lender had posted a consolidated net profit of Rs 6,638 crore in the corresponding quarter a year ago.
While the valuation of RIL tumbled Rs 39,355.06 crore, that of of TCS plunged Rs 19,681.25 crore.
As a result, fees/other income were lower by approximately Rs 800 crore.
According to the bank, these loans will be disbursed almost instantly as and when a need for money arises.
Even as the COVID-19 pandemic rages on, Puri, who retires later this month, said the bank is doing well, has sufficient capital and does not have any strain in the loans that it has made.
Three US law firms have announced class-action suits against HDFC Bank.
At present, the bank has a network of 11,000 banking correspondents.
Last year, Rosen Law had prepared a similar class-action suit against IT giant Infosys after a whistleblower had alleged malpractices.
The veteran banker has been instrumental in building the bank from scratch and turning it into the largest private sector lender of the country.
The Reserve Bank of India (RBI), which was given a list of candidates in an order of priority, conveyed its approval to Jagdishan's name late last evening, the sources said.
While the market valuation of Reliance Industries plunged by Rs 50,239.78 crore to Rs 13,10,323.21 crore, HDFC Bank's valuation tanked Rs 46,374.63 crore to Rs 5,67,877.74 crore.
The sale comes months ahead of Puri's retirement from the bank, which he led to become the largest by assets among private lenders and the second-largest overall over 25 years.
Reportedly, these GPS devices were of a particular make indicating at conflict of interest and violation of regulatory norms.
The lender's net interest income for the quarter grew 17.8 per cent to Rs 15,665.4 crore from Rs 13,294.3 crore in the same period a year earlier, driven by growth in advances of 20.9 per cent and a
The banker, who is set to retire in October this year on attaining the age of 70, had earned Rs 42.20 crore by exercising stock options in 2018-19.