How much funds outflow will HDFC Bank-HDFC merged entity see after MSCI plan
1 year, 7 months ago

How much funds outflow will HDFC Bank-HDFC merged entity see after MSCI plan

Live Mint  

The concern in HDFC Bank and HDFC is unlikely to end any time soon. New York-based global indexes services provider, MSCI earlier this week announced to add HDFC Bank merged entity in the large-cap segment of its Global Standard Indexes with a weightage of 6.5%. The latest MSCI report has escalated fears of certain lumpsum foreign funds outflow in the HDFC Bank-HDFC merged entity. Read here: HDFC twin stocks slide over outflow fears post merger Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, "HDFC twins were impacted in Friday’s trade on reports that MSCI would include the merged entity in their index with a “limited investability factor” of 50 percent against market expectations of 74 percent." He added, "Since selling of around ₹2000 crore worth of HDFC Bank shares is expected, HDFC twins will be under pressure in the near-term."

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History of this topic

HDFC Bank restarts talks with Mitsubishi UFJ for HDB Financial stake sale ahead of IPO: Report
1 week, 1 day ago

HDFC Bank restarts talks with Mitsubishi UFJ for HDB Financial stake sale ahead of IPO: Report

Live Mint  

HDFC Bank has resumed discussions with the Japanese financial giant Mitsubishi UFJ Financial Group for a sizeable stake sale in its subsidiary HDB Financial ahead of its initial public offering, Moneycontrol reported on Monday, December 16, citing people aware of the development. According to the sources cited by the news portal, Reserve Bank of India norms, introduced on October 4, …

Three reasons HDFC Bank may turn around sooner than you think
3 weeks, 1 day ago

Three reasons HDFC Bank may turn around sooner than you think

Live Mint  

HDFC Bank shares hit an all-time high of ₹1,830 apiece on 28 November. Anticipated fund-flows While fund-flows are temporary and volatile, two major sources of fund flows may explain the recent buoyancy in the HDFC Bank stock. This influx is primarily due to HDFC Bank's increased weight in the MSCI Global Standard Index, which will enhance its attractiveness to passive …

Explained: Why HDFC Bank share price gained 2% today
3 weeks, 1 day ago

Explained: Why HDFC Bank share price gained 2% today

India Today  

HDFC Bank's market capitalisation surpassed Rs 14 lakh crore on Tuesday after its shares gained in early trade, buoyed by reports of a major block deal. The block deal involved the sale of 21.7 lakh shares, valued at approximately Rs 392 crore based on the bank's previous closing price of Rs 1,804.55. HDFC Bank shares rose 2% in early trade …

Hdfc Life Share Price Today on 29-11-2024: Hdfc Life share price are up by 0.02%, Nifty up by 0.84%
3 weeks, 4 days ago

Hdfc Life Share Price Today on 29-11-2024: Hdfc Life share price are up by 0.02%, Nifty up by 0.84%

Live Mint  

Hdfc Life Share Price Today on 29-11-2024: At 29 Nov 11:02 today, Hdfc Life shares are trading at price ₹657.7, 0.02% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

HDFC Bank Hits Milestone With Market Cap Surpassing Rs 14 Trillion
3 weeks, 5 days ago

HDFC Bank Hits Milestone With Market Cap Surpassing Rs 14 Trillion

ABP News  

HDFC Bank, India’s largest private sector lender, achieved a significant milestone as its market capitalisation crossed the Rs 14 trillion mark for the first time during Thursday’s intra-day trading on the BSE. The bank's shares soared to a record high of Rs 1,832.75, gaining 1.2 per cent in intra-day trade. Outperforming the Market Over the past six months, HDFC Bank’s …

HDFC Bank market cap crosses ₹14 lakh crore for the first time as stock hits fresh high
3 weeks, 5 days ago

HDFC Bank market cap crosses ₹14 lakh crore for the first time as stock hits fresh high

Live Mint  

India's largest private lender HDFC Bank's market capitalisation topped ₹14 lakh crore for the first time on Thursday, November 28 as the stock rose to its fresh high of ₹1,836.05 today. HDFC Bank's market cap touched ₹14.01 lakh crore but later slipped below the coveted ₹14 lakh crore mark amid sharp profit-taking in the broader markets. HDFC Bank is India's …

Hdfc Bank Share Price Today on 27-11-2024: Hdfc Bank share price are up by 0.23%, Nifty up by 0.04%
3 weeks, 6 days ago

Hdfc Bank Share Price Today on 27-11-2024: Hdfc Bank share price are up by 0.23%, Nifty up by 0.04%

Live Mint  

Hdfc Bank Share Price Today on 27-11-2024: At 27 Nov 11:26 today, Hdfc Bank shares are trading at price ₹1789.5, 0.23% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hdfc Life Share Price Today on 26-11-2024: Hdfc Life share price are up by 0%, Nifty down by -0.01%
Trending News
4 weeks ago

Hdfc Life Share Price Today on 26-11-2024: Hdfc Life share price are up by 0%, Nifty down by -0.01%

Live Mint  

Hdfc Life Share Price Today on 26-11-2024: At 26 Nov 11:26 today, Hdfc Life shares are trading at price ₹685, 0% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Hdfc Bank Share Price Today on 26-11-2024: Hdfc Bank share price are down by -0.59%, Nifty up by 0.04%
4 weeks ago

Hdfc Bank Share Price Today on 26-11-2024: Hdfc Bank share price are down by -0.59%, Nifty up by 0.04%

Live Mint  

Hdfc Bank Share Price Today on 26-11-2024: At 26 Nov 11:11 today, Hdfc Bank shares are trading at price ₹1774.05, -0.59% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hdfc Life Share Price Today on 25-11-2024: Hdfc Life share price are up by 0.56%, Nifty up by 1.71%
Top News
4 weeks, 1 day ago

Hdfc Life Share Price Today on 25-11-2024: Hdfc Life share price are up by 0.56%, Nifty up by 1.71%

Live Mint  

Hdfc Life Share Price Today on 25-11-2024: At 25 Nov 11:15 today, Hdfc Life shares are trading at price ₹690.75, 0.56% up from the previous closing price. On the technical front, the stock is trading above the 5,300 days SMA & lower than the 10,20,50,100 day SMA. The stock will have support at 5,300 days SMA & face resistance at …

Hdfc Bank Share Price Today on 25-11-2024: Hdfc Bank share price are up by 1.82%, Nifty up by 1.69%
Top News
4 weeks, 1 day ago

Hdfc Bank Share Price Today on 25-11-2024: Hdfc Bank share price are up by 1.82%, Nifty up by 1.69%

Live Mint  

Hdfc Bank Share Price Today on 25-11-2024: At 25 Nov 11:13 today, Hdfc Bank shares are trading at price ₹1777.8, 1.82% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

HDFC Bank shares hit all-time high above Rs 1,800 amid MSCI rebalancing
1 month ago

HDFC Bank shares hit all-time high above Rs 1,800 amid MSCI rebalancing

New Indian Express  

MUMBAI: Shares of HDFC Bank, India’s largest private sector lender, surged above the Rs 1,800-mark to hit a fresh all-time high of Rs 1,803.55 on Monday, driven by a surge in trading volumes following the implementation of the Morgan Stanley Capital International November rebalancing. Since the reverse merger with its parent company, HDFC, in July 2023, HDFC Bank's stock had …

Hdfc Life Share Price Today on 13-11-2024: Hdfc Life share price are down by -2.19%, Nifty down by -1.36%
1 month, 1 week ago

Hdfc Life Share Price Today on 13-11-2024: Hdfc Life share price are down by -2.19%, Nifty down by -1.36%

Live Mint  

Hdfc Life Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Hdfc Life shares are trading at price ₹685.1, -2.19% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Hdfc Bank Share Price Today on 11-11-2024: Hdfc Bank share price are up by 0.69%, Nifty down by -0.03%
1 month, 1 week ago

Hdfc Bank Share Price Today on 11-11-2024: Hdfc Bank share price are up by 0.69%, Nifty down by -0.03%

Live Mint  

Hdfc Bank Share Price Today on 11-11-2024: At 11 Nov 16:00 today, Hdfc Bank shares are trading at price ₹1766.6, 0.69% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hdfc Bank Share Price Today on 07-11-2024: Hdfc Bank share price are down by -0.46%, Nifty down by -1.16%
1 month, 2 weeks ago

Hdfc Bank Share Price Today on 07-11-2024: Hdfc Bank share price are down by -0.46%, Nifty down by -1.16%

Live Mint  

Hdfc Bank Share Price Today on 07-11-2024: At 07 Nov 16:00 today, Hdfc Bank shares are trading at price ₹1746.15, -0.46% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

MSCI Index review on November 6: Voltas, BSE, Adani Energy, among six likely inclusions; HDFC Bank weight increase eyed
1 month, 2 weeks ago

MSCI Index review on November 6: Voltas, BSE, Adani Energy, among six likely inclusions; HDFC Bank weight increase eyed

Live Mint  

BSE, Adani Energy and Voltas are among six Indian stocks that are expected to be included in the MSCI Standard Index during its rebalancing scheduled on November 6. According to a report by IIFL, equity shares of BSE, Voltas, Adani Energy Solutions, Alkem Laboratories, Oberoi Realty and Kalyan Jewellers India are the top contenders for the inclusion in the MSCI …

Hdfc Life Share Price Today on 05-11-2024: Hdfc Life share price are up by 0.95%, Nifty up by 0.91%
1 month, 2 weeks ago

Hdfc Life Share Price Today on 05-11-2024: Hdfc Life share price are up by 0.95%, Nifty up by 0.91%

Live Mint  

Hdfc Life Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Hdfc Life shares are trading at price ₹717.6, 0.95% up from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

Hdfc Bank Share Price Today: Up 0.12%, Nifty Down by -0.7%
Trending News
1 month, 3 weeks ago

Hdfc Bank Share Price Today: Up 0.12%, Nifty Down by -0.7%

Live Mint  

Hdfc Bank shares are trading slightly up today, with the stock price increasing by 0.12%. The Nifty is down by -0.7%. The stock has hit a high of ₹1741.7 and a low of ₹1725.1 during the day, but it is currently trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving …

Hdfc Bank Shares Up 3.17%, Nifty Down 0.39% Today
2 months ago

Hdfc Bank Shares Up 3.17%, Nifty Down 0.39% Today

Live Mint  

Hdfc Bank shares are trading up by 3.17% today, while the Nifty is down by -0.39%. The stock has hit a high of ₹1748.2 and a low of ₹1710.5 during the day, and is currently trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 …

Hdfc Life Share Price Today on : Strong Bullish Trend, Key Resistance & Support Levels
Trending News
2 months ago

Hdfc Life Share Price Today on : Strong Bullish Trend, Key Resistance & Support Levels

Live Mint  

Hdfc Life share price is trading slightly up today, with a price change of 0.11%. The stock has hit a high of ₹755.45 and a low of ₹742.8 during the day, but it is currently trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 …

HDFC Bank Q2 Update: Gross advances rise 7% to ₹25.19 lakh crore, deposits jump 15% YoY
2 months, 3 weeks ago

HDFC Bank Q2 Update: Gross advances rise 7% to ₹25.19 lakh crore, deposits jump 15% YoY

Live Mint  

HDFC Bank, the country’s biggest private sector lender, on Friday, reported gross advances growth of 7% at ₹25.19 lakh crore as of September 30, 2024, compared with ₹23.54 lakh crore as of September 30, 2023. {{^adFree}} {{/adFree}} HDFC Bank’s advances under management, which include advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation/assignment, stood at ₹26.33 lakh crore …

HDFC bank sells $717 million of home loans to reduce credit book
2 months, 4 weeks ago

HDFC bank sells $717 million of home loans to reduce credit book

Hindustan Times  

Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees, seeking to further lighten its credit load amid regulatory pressures on the industry. The deals confirm India’s largest bank in market value is intensifying efforts to shrink its retail loan portfolio amid heightened regulatory pressure to improve the sector’s credit-deposit ratios {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} …

HDFC Bank Q1 Results: Profit Surges 35% YoY At Rs 16,175 Crore
5 months ago

HDFC Bank Q1 Results: Profit Surges 35% YoY At Rs 16,175 Crore

ABP News  

HDFC Bank, India's largest private sector lender, announced a 35 per cent year-on-year growth in net profit to Rs 16,175 crore for the quarter ending June 2024, supported by robust net interest income and reduced provisions. However, compared sequentially, the lender's net profit declined by 2 per cent from Rs 16,511.85 crore in Q4FY24, primarily due to slower income growth …

Bears flock to HDFC Bank counter as loan, deposit growth slows
5 months, 2 weeks ago

Bears flock to HDFC Bank counter as loan, deposit growth slows

Live Mint  

Mumbai: Bears have flocked to the derivatives counter of HDFC Bank after the lender reported slower loan growth and flat deposit growth in the June quarter last week. Joshi, ED, Khambatta Securities, said the pain of the merger of HDFC into the lender could last for a "few more years " but added he doesn't expect a "big correction" after …

HDFC Bank stock grabs investor interest on likely MSCI flow
6 months ago

HDFC Bank stock grabs investor interest on likely MSCI flow

Live Mint  

Mumbai: HDFC Bank could test its record high over the next few weeks if the momentum on the counter sustains on anticipation that the stock could attract MSCI inflows of $3.5-4 billion if the weight of the stock doubles on the MSCI India Index at the upcoming quarterly review in August, analysts said. {{^adFree}} {{/adFree}} The stock’s life high stands …

HDB Financial Services: Japan-based MUFG to acquire 20% stake in HDFC Bank’s non-banking arm at close $10 bn valuation
8 months, 1 week ago

HDB Financial Services: Japan-based MUFG to acquire 20% stake in HDFC Bank’s non-banking arm at close $10 bn valuation

Live Mint  

The Bank of Tokyo-Mitsubishi UFJ is getting ready to acquire a 20 per cent stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank, at a valuation of $9-10 billion, according to a report by the Economic Times. HDFC Bank, the country's largest private lender, currently owns around 95 per cent of HDB Financial Services, with the remaining 5 …

HDFC Bank ADR rises 7% after Q4 updates lifts sentiments despite reduction in FII shareholding
8 months, 2 weeks ago

HDFC Bank ADR rises 7% after Q4 updates lifts sentiments despite reduction in FII shareholding

Live Mint  

HDFC Bank stock is likely to extend gains on Friday as its US-listed shares rose more than seven per cent on April 4. HDFC Bank American Depository Receipts on the New York Stock Exchange was last up 6.21 per cent at $69.90, after India's biggest private lender's fourth quarter business updates lifted investor sentiments earlier today. The FII ownership in …

Why HDFC Bank shares are rising today after Q4 gross advances, deposits grow
8 months, 2 weeks ago

Why HDFC Bank shares are rising today after Q4 gross advances, deposits grow

Hindustan Times  

HDFC Bank share price today: The share price of HDFC Bank gained almost 3% today after the bank reported 55.4% year-on-year growth in gross advances to ₹25.08 lakh crore as of March 31, 2024, from ₹16.14 lakh crore as of March 31, 2023. The bank’s advances grew by around 53.8% over March 31, 2023 and around 1.9% over December 31, …

HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26%
8 months, 3 weeks ago

HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26%

Hindustan Times  

HDFC Bank said its gross advances at the end of the March quarter rose 1.6% to 25.08 trillion rupees from the December quarter. Gross advances at ₹16.14 lakh crore in the corresponding period of the previous financial year and rose over ₹24.69 lakh crore as of December 31, 2023, the bank informed. The private lender said that its domestic retail …

HDFC Bank hikes home loan interest rates by 10-15 bps upto 9.8%: Complete details here
8 months, 3 weeks ago

HDFC Bank hikes home loan interest rates by 10-15 bps upto 9.8%: Complete details here

Hindustan Times  

HDFC Bank increased its repo-linked home loan interest rates by 10-15 basis points to a range between 9.05 percent to 9.8 percent in March. Other major private and public sector banks also offer home loans at interest rates ranging from 8.70 per cent to 10.05 per cent. ICICI Bank offers interest rates for home loans with range from 9 per …

HDFC Bank shares decline after CLSA downgrades stock to ‘outperform’, cuts target price
9 months, 1 week ago

HDFC Bank shares decline after CLSA downgrades stock to ‘outperform’, cuts target price

Hindustan Times  

HDFC Bank shares fell over one per cent in early trade today. HDFC Bank share price: The share price of HDFC Bank fell over one per cent. NIM recovery for HDFC Bank will be more ‘U-shaped’ than ‘V-shaped’, it said, adding, “The deposit-gathering requirement increases significantly, and coincidentally, in an environment where deposit growth is challenging for the banking sector. …

HDFC Bank receives RBI approval to sell stake in HDFC Credila
9 months, 4 weeks ago

HDFC Bank receives RBI approval to sell stake in HDFC Credila

Live Mint  

HDFC Bank said that it has received approval from markets regulator Reserve Bank of India to offload 90 percent of HDFC Credila’s total issued and paid-up share capital. The company said in an exchange filing, “ This is in connection with our earlier intimation dated June 19, 2023, wherein we had informed that erstwhile Housing Development Finance Corporation Limited had …

Despite a 17% fall in 2024 YTD, Morgan Stanley sees a 49% upside in HDFC Bank
10 months, 1 week ago

Despite a 17% fall in 2024 YTD, Morgan Stanley sees a 49% upside in HDFC Bank

Live Mint  

HDFC Bank share price has been on a downward trend, falling over 15 percent in the last 1 year and almost 17 percent in 2024 YTD. Read here: HDFC Bank announces healthy double-digit growth in home loan business; stock up 2% The lender noted that its fundamental strategy has been to improve the turnaround time of processing at the front …

HDFC Bank sees double-digit growth in home loan business post merger
10 months, 1 week ago

HDFC Bank sees double-digit growth in home loan business post merger

The Hindu  

HDFC Bank on Thursday said that its home loan business had witnessed healthy double digit growth post merger of HDFC Ltd with itself. “The home loan business experienced stable and healthy double-digit year-on-year growth for two quarters, ending December 31, 2023,” Arvind Kapil, Country Head- Mortgage Banking, Home Loan, LAP & HDFC Sales, HDFC Bank said at a briefing. “Further, …

HDFC Bank gets RBI approval to buy up to 9.50 per cent stake in IndusInd Bank
10 months, 2 weeks ago

HDFC Bank gets RBI approval to buy up to 9.50 per cent stake in IndusInd Bank

India TV News  

The Reserve Bank of India has granted approval to HDFC Bank to acquire an "aggregate holding" of up to 9.50 percent of the paid-up share capital or voting rights" in IndusInd Bank, according to the company's exchange filing. "The Reserve Bank of India, vide its letter dated February 5, 2024 has accorded its approval to HDFC Bank Limited for acquiring …

HDFC Bank holds 95% in HDB Financial. Not for much longer
10 months, 3 weeks ago

HDFC Bank holds 95% in HDB Financial. Not for much longer

Live Mint  

HDFC Bank Ltd plans to sell some of its shareholding in subsidiary HDB Financial Services over some time, two people aware of the matter said on condition of anonymity. HDFC Bank could also consider selling some assets on its loan book to release high-cost borrowings. Additionally, banking system liquidity has dropped from a surplus of ₹9 trillion to a deficit …

LIC gets RBI nod to acquire 9.99% stake in HDFC Bank
10 months, 4 weeks ago

LIC gets RBI nod to acquire 9.99% stake in HDFC Bank

Hindustan Times  

HDFC Bank announced on Thursday that the Reserve Bank of India has allowed the Life Insurance Corporation of India to acquire a 9.99 percent stake in the company. LIC got the approval to acquire 9.99 percent stake in HDFC Bank “LIC has been advised by RBI to acquire the aforesaid major shareholding in the Bank within a period of one …

India's HDFC Bank Sees Period of Consolidation as it Absorbs Mega Merger : Sources
10 months, 4 weeks ago

India's HDFC Bank Sees Period of Consolidation as it Absorbs Mega Merger : Sources

News 18  

HDFC Bank, India’s largest private sector lender, will take 4-5 years to fully digest its merger with its parent last July but expects to restore a key financial metric to pre-merger levels at the end of that period, two sources familiar with the bank’s thinking said. The lender’s quarterly earnings last week prompted a sharp 15% decline in the stock, …

HDFC Bank share prices fall 11% in two days after Q3 results; Nifty Bank under strain
11 months ago

HDFC Bank share prices fall 11% in two days after Q3 results; Nifty Bank under strain

Hindustan Times  

As the stock market continues to struggle after breaking its five-day rally, the share prices of HDFC Bank are still under distress, logging a decline for the second straight day. HDFC Bank shares decline for the second straight day on January 18 Opening at a slight decline from the previous close, HDFC share price fell by 3.55 percent on Thursday, …

HDFC Bank shares fall 7% day after Q3 results; steep decline in stock market
11 months, 1 week ago

HDFC Bank shares fall 7% day after Q3 results; steep decline in stock market

Hindustan Times  

HDFC Bank share price: Just a day after its quarterly results were posted, the shares of HDFC Bank fell over 7 percent as the markets opened on Wednesday. HDFC Bank shares fall after Q3 results At 9:15 am on January 17, HDFC Bank share prices were recorded at ₹1583.85 apiece, falling seven percent from its previous closing rate. Not only …

HDFC Bank shares rise 2% after Q2 results; should you buy, sell, hold the stock?
1 year, 2 months ago

HDFC Bank shares rise 2% after Q2 results; should you buy, sell, hold the stock?

Live Mint  

HDFC Bank share price today: HDFC Bank share price rose about 2 per cent in early trade on BSE on Tuesday, October 17, a day after the company announced its September quarter results. HDFC Bank Q2 results HDFC Bank reported a rise of 50.6 per cent in standalone net profit at ₹15,976.11 crore for Q2FY24, compared to ₹10,605.78 crore in …

HDFC Bank's Home Loan Portfolio Rises To Rs 48,000 Crore In Q2 Post-Merger With HDFC
1 year, 2 months ago

HDFC Bank's Home Loan Portfolio Rises To Rs 48,000 Crore In Q2 Post-Merger With HDFC

ABP News  

HDFC Bank's approved home loans amounting to Rs 48,000 crore during the July-September quarter of the financial year 2023-24. In the second quarter, the bank's retail loan portfolio saw an 85 per cent surge compared to the previous quarter and a significant 111.5 per cent increase over the same period last year. This reflects a 4.9 per cent increase over …

FTSE rejig: HDFC Bank scores block deals worth ₹4,500 crore on passive inflows
1 year, 3 months ago

FTSE rejig: HDFC Bank scores block deals worth ₹4,500 crore on passive inflows

Live Mint  

Shares of HDFC Bank gained over 1 per cent on Friday, September 15, and traded at an intra day high of ₹1,670 on the NSE during late afternoon deals, after the leading private lender witnessed block deals worth ₹4,500 crore, according to a report by CNBC-TV18. According to IIFL Alternative Research, HDFC Bank is expected to see $650 million in …

HDFC Bank readies home loan strategy after the merger
1 year, 3 months ago

HDFC Bank readies home loan strategy after the merger

Live Mint  

MUMBAI : Following the merger with Housing Development Finance Corp., HDFC Bank is gearing up for the festival season, eyeing a 20% plus year-on-year growth in home loan disbursals in the three months through September. As a second step, HDFC Bank is in the process of substantially reducing the turnaround time for home loan customers. However, the bank is planning …

Why HDFC Bank Stock Could Be a Sell
1 year, 4 months ago

Why HDFC Bank Stock Could Be a Sell

Live Mint  

HDFC Bank is the largest private-sector bank in India. Let’s look at the bearish sentiment surrounding HDFC Bank's stock price on charts. HDFC Bank, Daily Chart View Full Image Data Source: Tradingview The resistance at ₹1,700 indicates a strong barrier that the stock has struggled to surpass, pointing to the possibility of a bearish reversal. In Conclusion The daily chart …

HDFC Life Insurance Q1: Net profit rises 15% to ₹415 crore; check details
1 year, 5 months ago

HDFC Life Insurance Q1: Net profit rises 15% to ₹415 crore; check details

Live Mint  

HDFC Life Insurance on July 21 reported a net profit of ₹415 crore for the April-June quarter of FY24, up by 15 percent from ₹361 crore recorded in the year-ago period. The net premium income of the insurer came in at ₹11,479 crore, up 16.5 per cent in the first quarter of current fiscal, from ₹9,847 crore in the year-ago …

Hdfc Bank share price Today Live Updates : Hdfc Bank closed today at ₹1675.7, down -0.76% from yesterday's ₹1688.5
1 year, 5 months ago

Hdfc Bank share price Today Live Updates : Hdfc Bank closed today at ₹1675.7, down -0.76% from yesterday's ₹1688.5

Live Mint  

On the last day, HDFC Bank opened at ₹1680 and closed at ₹1688.5. Hdfc Bank share price NSE Live :Hdfc Bank trading at ₹1684.5, down -0.24% from yesterday's ₹1688.5 The current data for HDFC Bank stock shows that the price is ₹1684.5. Hdfc Bank share price Today :Hdfc Bank trading at ₹1684.8, down -0.22% from yesterday's ₹1688.5 The current data …

HDFC Bank Q1 results key highlights: 6 things to know
1 year, 5 months ago

HDFC Bank Q1 results key highlights: 6 things to know

Live Mint  

HDFC Bank reported a healthy April-June quarter scorecard of the current financial year on Monday as barring a mild miss on the asset quality sequentially, the numbers were better than Street estimates. Analysts expected HDFC Bank to report a standalone net profit of ₹11,580 crore for the April-June period, showing an increase of 25.9 per cent compared to the same …

HDFC Bank enters $100 billion m-cap club, fails to pip TCS as number 2 stock
1 year, 5 months ago

HDFC Bank enters $100 billion m-cap club, fails to pip TCS as number 2 stock

Live Mint  

HDFC Bank, the largest private lender in the country, has achieved a new milestone of entering the $100 billion market-capitalisation club after its reverse merger with its parent HDFC Ltd. However, on the Indian bourses, HDFC Bank still lags behind oil-to-telecom conglomerate Reliance Industries and IT major Tata Consultancy Services, sitting on the third position with a market cap of …

JPMorgan ’overweight’ on HDFC Bank after HDFC twins merger; here’s why
1 year, 5 months ago

JPMorgan ’overweight’ on HDFC Bank after HDFC twins merger; here’s why

Live Mint  

JPMorgan is positive about HDFC Bank stock after the merger of HDFC twins as the global financial firm recently assigned an 'overweight' rating on the stock, pegging the target price at ₹2,000, citing the merger of HDFC with HDFC Bank is positive from a medium-term perspective. Our target price implies 2.6 times FY25 PB/17 times FY25 PE for the parent …

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