HDFC shares fell over 3 per cent on Thursday after the mortgage lender disclosed that it will make an additional one-time provision of Rs 450 crore in the quarter ended March.
"With the objective of further strengthening its balance sheet, the Corporation believes that it will be prudent to utilise a part of the exceptional gains to build and additional buffer against any unexpected risk in the future," HDFC said in a statement to the Bombay Stock Exchange.
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