Tag: hdfc bank
Eight of top 10 most-valued firms take ₹1.65 lakh cr hit in mcap
Eight of the top-10 most valued firms together lost ₹1,65,180.04 crore from market valuation in a holiday-shortened last week, with HDFC Bank and State Bank…
Trump’s US election win prompts calls for Indian firms to be cautious on forex risks
The period of low volatility that the Indian rupee has enjoyed may not last now that Donald Trump is poised to become U.S. president once…
Growth may have slipped in rainy Q2 but forecast for fiscal is sunny
India’s economic growth likely moderated in July-September, primarily due to a slowdown in consumption and investment amid heavy monsoon rains in several parts of the…
HDFC Bank shares climb over 3.50% after Q2 earnings, market valuation jumps
Oct 21, 2024 12:09 PM IST The shares climbed to ₹1,740.55, with market valuation increasing by ₹46,433.29 crore. Standalone net profit grew to ₹16,820.97 crore….
HDB Financial Services to float ₹12,500 crore IPO, parent HDFC Bank to sell ₹10,000 crore worth of its shares in OFS
HDB Financial Services (HDBFS) Ltd which is a subsidiary of HDFC Bank, India’s largest private sector lender, is planning to raise ₹12,500 crore with an…
RBI’s new bank-subsidiary norms to force realignments of business
MUMBAI: Several large banks will have to realign their business models to comply with a recent Reserve Bank of India (RBI) proposal, which, upon implementation,…
Market expects RBI to kickstart easing with a shallow cut in December
The Reserve Bank of India’s decision to change its stance to ‘neutral’ from ‘withdrawal of accommodation’ has raised expectations of a shallow rate cut in…
HDFC bank sells $717 million of home loans to reduce credit book
Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load…
banking tech: Banking tech companies cash in as fintech rewires business
As the financial services ecosystem undertakes a major digitisation drive, opportunities are opening up for startups such as Zeta and M2P Fintech that offer banking…
Stock market: Sensex, Nifty at fresh all-time high. Which sectors are soaring?
Sep 18, 2024 10:53 AM IST Stock market: Sensex, Nifty at fresh all-time high. Bajaj Finance, Shriram Finance, Hero MotoCorp, SBI Life Insurance and HDFC…