India's HDFC expects loan book growth of 18-20 pct in FY13

MUMBAI Mon Oct 22, 2012 5:03am EDT

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MUMBAI Oct 22 (Reuters) - India biggest mortgage lender, Housing Development Finance Corp (HDFC), expects its loan book to grow 18-20 percent in the fiscal year 2013, Chief Executive Keki Mistry said on Monday.

For the July-September quarter, HDFC's net profit rose 18.5 percent to 11.51 billion rupees ($213.80 million) compared with 9.71 billion rupees a year earlier.

Total income rose 27 percent to 52.7 billion rupees over the same period. ($1 = 53.8350 Indian rupees) (Reporting by Aditi Shah; Editing by Anand Basu)

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