HDFC beats Q4 profit estimates on strong home loan demand
1 year, 7 months ago

HDFC beats Q4 profit estimates on strong home loan demand

Hindustan Times  

India's largest mortgage lender Housing Development Finance Corporation Ltd reported a bigger-than-expected 19.6% rise in fourth-quarter profit, boosted by strong demand for loans. HDFC said profit after tax rose to 44.26 billion rupees for the three months ended March 31, from 37 billion rupees a year earlier. The lender said it provided individual loans worth 93.40 billion rupees during the quarter, compared with 83.67 billion rupees a year earlier. The Reserve bank of India paused rate hikes in a surprise decision last month, after raising the repo rate by a total 250 bps since May last year.

India Billion Hdfc Bank Hdfc Rupees  rupees  loans  interest  billion  profit  strong  lender  q4  bank  hdfc  indias  loan  rate  beats  estimates  demand

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 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 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 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 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
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 …

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 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 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 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, …

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, 3 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 …

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 …

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

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, 2 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 raises $300 million via maiden sustainable finance bond issue
10 months, 2 weeks ago

HDFC Bank raises $300 million via maiden sustainable finance bond issue

Live Mint  

India's HDFC Bank has raised $300 million through its debut sustainable finance dollar-denominated bond issue, the lender said in a release on Wednesday. "The funds raised through the sustainable finance bonds will be prioritised for lending towards electric vehicles, small and medium enterprises and affordable housing,” said Arup Rakshit, group head-treasury at HDFC Bank. The bank has also raised another …

HDFC Bank gets RBI nod to acquire up to 9.5% stake in ICICI Bank, 5 others
10 months, 2 weeks ago

HDFC Bank gets RBI nod to acquire up to 9.5% stake in ICICI Bank, 5 others

The Hindu  

HDFC Bank on Tuesday said RBI has given approval to the group to acquire up to 9.5 per cent stake each in six lenders, including ICICI Bank and Axis Bank. "The approvals were granted pursuant to applications made by HDFC Bank to RBI on December 18, 2023," HDFC Bank said in a regulatory filing. The six lenders in which HDFC …

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 Q3 profit surges 34 per cent to Rs 16,373 crore, NPAs decline to 0.31 per cent
11 months, 1 week ago

HDFC Bank Q3 profit surges 34 per cent to Rs 16,373 crore, NPAs decline to 0.31 per cent

India TV News  

HDFC Bank, the largest private sector lender in India, has reported a 34 per cent increase in its standalone net profit to Rs 16,373 crore for the third quarter ending December 2023. The total income on a standalone basis also witnessed substantial growth, reaching Rs 81,720 crore in the October-December quarter of FY24 compared to Rs 51,208 crore in the …

Manappuram Finance, Bharat Dynamics among HDFC Securities’ fundamental picks
1 year ago

Manappuram Finance, Bharat Dynamics among HDFC Securities’ fundamental picks

Live Mint  

The Indian stock market is witnessing a decent rally with the benchmark Nifty 50 index reclaiming 20,000 level on Wednesday led by positive domestic and global market cues. HDFC Securities is bullish on Manappuram Finance, Bharat Dynamics and IOL Chemicals & Pharmaceuticals and advises investors to buy these stocks and add at lower levels for an upside of up to …

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 …

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