HDFC again underlines India's NBFC structure / Institutional structures for finance & Credit companies across Infrastructure and Housing. Additionally it emphasises that India's disappointment riddled 2011 still means a more than 20% in sales year on year and 12 % profit QOQ. HDFC manages a 30% increase in Sales and 23% increase in profits for the quarter. Sales are up to $947 million for the quarter and Profits are an important 25% margin at $230mln (Net Profits after tax) with Net NPAs at NIL

DEfaults are more likely if interest rate hikes continue into 2012

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