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 at ₹1,757.50 hit on 3 July last year, following the merger of mortgage lender HDFC with the bank. {{^adFree}} {{/adFree}} HDFC Bank Stock Surge “There is immense domestic investor interest in HDFC Bank," said Abhilash Pagaria, head, Nuvama Alternative & Quantitative Research. {{^adFree}} {{/adFree}} “Given the momentum, I think the share could test 1,757 levels in the next two-odd weeks," said Chandan Taparia, senior vice president and head— derivatives and technical research, Motilal Oswal.

Bank Stock Adfree Foreign Hdfc Bank Hdfc Msci Investor Interest 30 May  shares  investor  interest  grabs  flow  bank  foreign  msci  adfree  likely  short  high  hdfc  room  stock

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 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 …

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 …

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 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 …

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 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}} …

Financial stocks overvalued, says Emkay, suggests HDFC Bank, IndusInd Bank, RBL for the short term
2 months, 3 weeks ago

Financial stocks overvalued, says Emkay, suggests HDFC Bank, IndusInd Bank, RBL for the short term

Live Mint  

The financial sector is witnessing a short-term rally driven by a potential recovery in deposit growth as the RBI embarks on its anticipated easing cycle. Seshadri Sen, Head Of Research And Strategist at Emkay Global Financial Services Ltd believes lenders are still overvalued in the longer term, with fair value ranging at 1.5-1.7x PBV versus current levels of 2-2.8x. Also, …

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, 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 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 …

Equity markets rise for 6th straight session
10 months ago

Equity markets rise for 6th straight session

New Indian Express  

NEW DELHI: Led by ‘underperforming’ private banking stocks, India’s equity market benchmarks closed in green for the 6th straight session. In a highly volatile session, the NSE Nifty50 index scaled to a fresh all-time high on Tuesday while the BSE Sensex reclaimed 73,000 level. The latest upward trajectory is bolstered by gains in the banking sector, with private banks witnessing …

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 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 …

Discover Related