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, 2023, HDFC Bank said in a filing. HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26% The lender’s domestic retail loans grew by almost 108.9% year-on-year and around 3.7% quarter-on-quarter. As of March 31, 2024, HDFC Bank’s deposits aggregated to ₹23.80 lakh crore- up 26.4% over ₹18.83 lakh crore reported at the end of corresponding quarter.

Bank Share Crore 2023 Lakh Yoy Hdfc Bank Hdfc Gross Advances  price  shares  bank  today  grew  yoy  31  deposits  crore  gross  advances  share  grow  q4  lakh  hdfc  2023  rising

History of this topic

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

HDFC Bank vs ICICI Bank: Which private sector lender to choose in long term?
1 week, 3 days ago

HDFC Bank vs ICICI Bank: Which private sector lender to choose in long term?

Live Mint  

HDFC Bank vs ICICI Bank: The private banking sector in India is dominated by two stalwarts, HDFC Bank and ICICI Bank, offering investors a blend of stability and growth potential. HDFC Bank vs ICICI Bank: A Comparative Look at Q2FY25 Earnings HDFC Bank reported a 5.3 percent year-on-year increase in standalone net profit to ₹16,821 crore in Q2FY25, compared to …

HDFC Bank revises bulk fixed deposit rates, offering up to 7.4% on this tenure. Check latest FD rates here
1 week, 6 days ago

HDFC Bank revises bulk fixed deposit rates, offering up to 7.4% on this tenure. Check latest FD rates here

Live Mint  

HDFC Bank, has revised its interest rates on bulk fixed deposits of ₹3 crore to less than ₹5 crore. For fixed deposits maturing in nine months, one day to one year, the bank will offer an interest rate of 6.75%, while HDFC Bank will offer an interest rate of 7.4% on deposits maturing in 1 year to 15 months. HDFC …

Banking revival in 2025: Why strong liability franchises stand to gain
2 weeks, 5 days ago

Banking revival in 2025: Why strong liability franchises stand to gain

Live Mint  

Indian bank stocks are waiting for their moment in the sun. Read this | Private lenders see stress in credit cards, personal loans in Q2 Elevated deposit costs and sluggish base growth weighed heavily on net interest margins for both public and private banks. Public vs private banks Credit costs for private banks increased by 10 basis points sequentially, with …

Three reasons HDFC Bank may turn around sooner than you think
3 weeks 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 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, 3 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, 4 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, 4 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, 5 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
3 weeks, 6 days 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%
3 weeks, 6 days 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 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 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
4 weeks, 1 day 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 Bank share price rises as lender appoints Santhosh Iyengar Keshavan as Independent Director for three years
1 month ago

HDFC Bank share price rises as lender appoints Santhosh Iyengar Keshavan as Independent Director for three years

Live Mint  

Stock market today: India's biggest private lender, HDFC Bank, appointed Santhosh Iyengar Keshavan as an Additional Director on its Board for a three-year term. HDFC Bank share price was trading in the green, up 1.32 per cent at ₹1,715.10 around 10:17 am on NSE today. Highlighting the importance of the appointment, HDFC Bank stated that Keshavan’s background aligns with its …

SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI
1 month, 1 week ago

SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI

Hindustan Times  

The Reserve Bank of India has designated State Bank of India, HDFC Bank and ICICI Bank as Domestic systemically important banks, PTI reported. HDFC Bank, the largest private sector lender, continues to be bracketed in bucket 2, under which it will have to maintain a higher CET1 by 0.40 per cent, the PTI report added. "Hence, up to March 31, …

RBI retains SBI, HDFC, ICICI as India’s too-big-to-fail banks
1 month, 1 week ago

RBI retains SBI, HDFC, ICICI as India’s too-big-to-fail banks

Live Mint  

India’s central bank, the Reserve Bank of India, announced on Wednesday that the State Bank of India, HDFC Bank, and ICICI Bank remain designated as domestic systemically important banks. According to the RBI, SBI and HDFC Bank will face heightened capital buffer requirements beginning April 1, 2025. PSBs vs Private banks Separately, a recent report by SBI highlighted robust financial …

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. …

Hdfc Life Share Price Today on 07-11-2024: Hdfc Life share price are up by 0.4%, Nifty down by -1.16%
1 month, 2 weeks ago

Hdfc Life Share Price Today on 07-11-2024: Hdfc Life share price are up by 0.4%, Nifty down by -1.16%

Live Mint  

Hdfc Life Share Price Today on 07-11-2024: At 07 Nov 16:01 today, Hdfc Life shares are trading at price ₹711.65, 0.4% 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 …

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 Shares: A Promising Investment Opportunity During Muhurat Trading 2024
Trending News
1 month, 3 weeks ago

HDFC Bank Shares: A Promising Investment Opportunity During Muhurat Trading 2024

Live Mint  

The article recommends investing in HDFC Bank shares during the Diwali Muhurat Trading session 2024 due to the bank's strong financial performance and attractive valuation. The stock is expected to outperform its peers due to the recent range-bound market conditions and the potential for a bullish breakout above ₹1,780. However, investors should be aware of the critical resistance at ₹1,780 …

Hdfc Life Share Price Today: Technical and Fundamental Analysis Indicates Potential Reversal
1 month, 3 weeks ago

Hdfc Life Share Price Today: Technical and Fundamental Analysis Indicates Potential Reversal

Live Mint  

Hdfc Life share price is trading slightly up today, with a price change of 0.23%. The stock is currently trading at ₹719.35, up from the previous closing price of ₹719.35. However, the Nifty is trading down by -0.78%, with a price change of ₹79565.18. The stock has hit a high of ₹721.7 and a low of ₹708.65 during the day.

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 …

ICICI Bank's Q2 Performance Outperforms Rivals, but Challenges Remain
1 month, 3 weeks ago

ICICI Bank's Q2 Performance Outperforms Rivals, but Challenges Remain

Live Mint  

ICICI Bank's Q2 performance shows improvement over rivals, with a NIM of 4.27% compared to 4.53% a year ago. However, rival HDFC Bank's NIM was 3.65%, indicating a lower NIM compared to ICICI Bank. Despite the challenging interest rate environment, ICICI Bank's loan growth remained strong, with total advances growing by 15% year-on-year. The bank's asset quality is also stable, …

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 posts a street-beating 5% growth in net at Rs 16,820 crore
2 months ago

HDFC Bank posts a street-beating 5% growth in net at Rs 16,820 crore

New Indian Express  

In the reporting quarter, gross advances rose 7 percent to Rs 25.19 trillion, and the chief financial officer refused to offer a guidance on any key numbers but said "we are focused growth at any cost but only quality growth. Retail loans grew 11.3 percent and commercial and corporate book clipped at 17.4 percent, Vaidyanathan said, adding however, corporate and …

HDFC Life Insurance Net Profit Soars 15% in Q2
2 months, 1 week ago

HDFC Life Insurance Net Profit Soars 15% in Q2

The Hindu  

HDFC Life Insurance Company Ltd. reported a significant increase in its standalone net profit in the second quarter of fiscal 2025. The net profit increased by 15%, reaching ₹433 crore. This is a 15% increase from the previous year's profit of ₹377 crore. The standalone net premium income also increased by 12.3%, reaching ₹16,570 crore. The company's total Assets Under …

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

Stocks To Watch: HDFC Bank, IIFL, Nykaa, Hero MotoCorp, TCS, SBI, SJVN, And Others
3 months ago

Stocks To Watch: HDFC Bank, IIFL, Nykaa, Hero MotoCorp, TCS, SBI, SJVN, And Others

News 18  

Stocks To Watch On September 20: Domestic markets ended almost unchanged in a volatile expiry session, continuing the recent trend. In today’s trade, shares of Reliance Infra, VST Industries, IDFC First Bank, NTPC, Vodafone Idea among others will be in focus due to various news developments. Reliance Infrastructure: The company’s board has approved a preferential issue to raise Rs 3,014 …

HDFC Bank to Announce Q2 FY25 Financial Results on October 19, Check Details
3 months, 1 week ago

HDFC Bank to Announce Q2 FY25 Financial Results on October 19, Check Details

News 18  

HDFC Bank, India’s largest private sector lender, on Monday said it will announce its second-quarter results for the current financial year 2024-25 on October 19. In a BSE filing, the company said its board of directors will meet on October 19, 2024, “to inter-alia consider and approve the un-audited standalone and consolidated financial results for the quarter/half-year ending September 30, …

Stocks to buy: ICICI Bank, SBI, HDFC Bank, Bharti Airtel among Axis Securities’ nine top largecap stock picks for August
4 months, 3 weeks ago

Stocks to buy: ICICI Bank, SBI, HDFC Bank, Bharti Airtel among Axis Securities’ nine top largecap stock picks for August

Live Mint  

Indian stock market benchmark indices, Sensex and Nifty 50, declined around 1% each on Friday tracking weak global market cues. Hence, bottom-up stock picking with a focus on ‘growth at a reasonable price’ and ‘Quality’ would be keys to generating satisfactory returns in the next one year,” Axis Securities said in a report. Here’s are Axis Securities’ top largecap stocks …

HDFC Bank logs 35% increase in net profit
5 months ago

HDFC Bank logs 35% increase in net profit

New Indian Express  

NEW DELHI: Returning to its once famed over 30% net income for as many as 34 quarters on the trot which ended with the pandemic era, the second-largest lender logged in a robust 35.33% jump in net profit at Rs 16,174.75 crore for the June quarter even though the numbers are not comparable since the merger with its parent took …

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 …

HDFC AMC net jumps 26 per cent to Rs 604 crore, income up 29 per cent
5 months, 1 week ago

HDFC AMC net jumps 26 per cent to Rs 604 crore, income up 29 per cent

New Indian Express  

MUMBAI: The third-largest fund house, HDFC AMC, registered a 26 percent on-year growth in net income in the June quarter at Rs 604 crore over the Rs 477.5 crore in the year-ago period. The fund house manages assets worth Rs 7.06 trillion and has a market share of 11.4 per cent as of the reporting period; within the equity funds, …

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 …

Sensex crosses 80,000 in a first, Nifty hits record highs; HDFC Bank soars
5 months, 2 weeks ago

Sensex crosses 80,000 in a first, Nifty hits record highs; HDFC Bank soars

Hindustan Times  

Indian stock market hit record highs at the open today owing to HDFC Bank which surged on hopes of a likely increase in its weightage in a key global index. Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange building in Mumbai. This comes as foreign institutional investors' …

HDFC Bank's new credit card rules from August 1: Check changes here
5 months, 3 weeks ago

HDFC Bank's new credit card rules from August 1: Check changes here

Hindustan Times  

HDFC Bank, India’s largest bank, has revised the terms for its credit card holders, which will become effective from August 1. These are the key changes announced by the bank for credit cards: 1) 1% charge for using third-party payment apps to make rental transactions Using HDFC credit cards through third-party payment apps such as CRED, PayTM, Cheq, MobiKwik, Freecharge, …

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 …

Stocks to buy: HDFC Securities recommends Sanofi India, United Spirits and United Breweries as its fundamental picks
7 months, 2 weeks ago

Stocks to buy: HDFC Securities recommends Sanofi India, United Spirits and United Breweries as its fundamental picks

Live Mint  

Stocks to buy: The Indian stock market indices, Sensex and Nifty 50, traded over half a percent lower on Tuesday dragged by across the board selling. Here’s a look at these three stocks to buy: Sanofi India | Buy | TP: ₹ 9,489 HDFC Securities projects 120 bps margin expansion led by change in business mix and higher revenue contribution …

HDFC Bank vs ICICI Bank vs Axis Bank: Which stock to buy after Q4 results?
7 months, 3 weeks ago

HDFC Bank vs ICICI Bank vs Axis Bank: Which stock to buy after Q4 results?

Live Mint  

Top Indian private banks, HDFC Bank, ICICI Bank and Axis Bank, have reported their Q4 results with the lenders showing a decent growth in its net profit and net interest income along with contracting net interest margin. All these three top private lenders HDFC Bank, ICICI Bank, and Axis Bank reported a faster deposit growth in Q4FY24 as compared with …

Yes Bank Q4 standalone net profit rises to ₹452 crore
7 months, 3 weeks ago

Yes Bank Q4 standalone net profit rises to ₹452 crore

Hindustan Times  

Yes Bank on Saturday reported its net profit at ₹452 crore for the quarter ending on March 31, Reuters reported. Yes Bank's net interest income, the difference between the interest earned on loans and paid to depositors, rose 2.3% to ₹2,153 crore. Last week, HDFC Bank had announced its Q4 results, reporting a ₹17,257.87 crore net profit for January-March on …

Axis Bank shares climb 6 pc post earnings announcement; mcap surges by ₹19,695.96 cr
7 months, 4 weeks ago

Axis Bank shares climb 6 pc post earnings announcement; mcap surges by ₹19,695.96 cr

Hindustan Times  

New Delhi, Shares of Axis Bank on Thursday climbed 6 per cent after the company reported a consolidated net profit of ₹7,599 crore during the March 2024 quarter. Axis Bank shares climb 6 pc post earnings announcement; mcap surges by ₹ 19,695.96 cr The stock advanced 5.98 per cent to settle at ₹1,127.35 apiece on the BSE. Axis Bank on …

HDFC Bank reports Q4 net profit at ₹16,512 crore
8 months ago

HDFC Bank reports Q4 net profit at ₹16,512 crore

Hindustan Times  

Private lender HDFC Bank's net profit in fourth quarter stood at ₹16,512 crore. As per the statement released by the company, HDFC Bank's net interest income - the difference between interest earned and paid - rose 2.1% from the previous quarter to ₹29,080 crore. The bank's core net interest margin was 3.44% on total assets and 3.63% on interest-earning ones, …

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

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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 …

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