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80 80  
81 81  === Bank’s subsidiary companies ===
82 82  
83 -**HDFC Securities Limited (HSL)** is amongst the leading retail broking firms in India. As
83 +**HDFC Securities Limited (HSL)** is amongst the leading retail broking firms in India. As on March 31, 2020, the Bank held 96.6% stake in HSL.
84 84  
85 -on March 31, 2020, the Bank held 96.6% stake in HSL.
86 -
87 87  **HDB Financial Services Limited (HDBFSL)** is a non-deposit taking non-banking finance company (‘NBFC’) offering wide range of loans and asset finance products to individuals, emerging businesses and micro enterprises. As on March 31, 2020, the Bank held 95.3% stake in HDBFSL.
88 88  
89 89  The consolidated net profit for the quarter ended March 31, 2020 was ₹ 7,280 crore, up 15.5%, over the quarter ended March 31, 2019. Consolidated advances grew by 20.1% from ₹ 869,223 crore as on March 31, 2019 to ₹ 1,043,671 crore as on March 31, 2020.
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