Hdfc

HDFC Bank's board penalises Sashidhar Jagdishan, cites biz overreach

CFO, group retail assets head also fined ₹1 lakh, warned over MSRDC deposits

Mcap of 9 top valued firms erodes by ₹2.74 trn, HDFC Bank takes biggest hit

The combined market valuation of nine of the top-10 most valued firms eroded by Rs 2.74 lakh crore last week, in tandem with a bearish trend in equities, with HDFC Bank taking the biggest hit. Last week, the BSE benchmark Sensex tanked 2,091.68 points, or 2.67 per cent, and the NSE Nifty declined 566.85 points, or 2.32 per cent. "Markets witnessed a weak and volatile week, with benchmark indices extending their losing streak as a sharp surge in crude oil prices and renewed geopolitical tensions weighed heavily on investor sentiment," Ajit Mishra SVP, Research, Religare Broking Ltd, said. Banking stocks emerged as the biggest drag following mixed Q1 FY27 earnings, while a risk-off environment and weakness in the rupee further curtailed buying interest, he added. From the top-10 pack, Hindustan Unilever emerged as the only winner. Those who faced erosion from their valuation were Reliance Industries, Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, Tata Consultancy Servic

Large Indian banks revive dollar bond plans after period of lull

Indian banks are preparing dollar bond issuances before the RBI's concessional swap window closes in December, seeking cheaper overseas funding options

HDFC Bank Q1FY27 results: Net profit rises 5% to ₹19,060 cr; NII grows 7%

Net interest income increased 6.7 per cent YoY to ₹33,535 crore in Q1FY27 from ₹31,438 crore a year earlier

HDFC Mutual Fund buys 1.43% stake in Jupiter Life Hospitals for ₹139 crore

HDFC Mutual Fund has bought 9.37 lakh shares of multi-speciality hospital chain operator Jupiter Life Line Hospitals for Rs 139 crore through open market transactions, according to block deal on the BSE. Following the transaction, shares of Jupiter Life Line Hospitals on Thursday rose 2.53 per cent to trade at Rs 1,537.60 apiece on the exchange. HDFC Mutual Fund purchased 9.37 lakh equity shares in two tranches, representing a 1.43 per cent stake in Mumbai-based Jupiter Life Line Hospitals Ltd (JLHL), as per the data. The transaction was executed on Wednesday at an average price of Rs 1,483.50 apiece, taking the combined deal value to Rs 139 crore. Meanwhile, two public shareholders of JLHL -- Arvind Rao Kamini and Mitul Nitin Thakker -- sold an equal number of shares at the same price, according to BSE data. In a separate bulk deal on the BSE, Nippon India Mutual Fund (MF) bought 5 lakh shares of logistics company TCI Express from HDFC MF for over Rs 28 crore through open market

HDFC Bank chairman, CEO reaffirm commitment to governance in annual report

In its FY26 annual report, HDFC Bank's leadership defended the lender's governance standards after former chairman Atanu Chakraborty's resignation triggered questions over board oversight

Q1 earnings preview: Will India's banks deliver another strong quarter?

India's banking sector is set to kick off the Q1FY27 earnings season, and early estimates point to another healthy quarter. Strong loan growth, stable asset quality, and treasury gains

Top 10 Indian firms' value jumps 3.5x in a decade; financials dominate

Reliance Industries has emerged as India's most valuable company over the past five years, while financial services firms continue to dominate the country's corporate rankings

Demand for life insurance to remain strong in FY27, says Keki Mistry

Chairman Keki Mistry says favourable demographics, rising financial awareness and regulatory reforms will support long-term growth in India's life insurance sector

HDFC Bank raises $750 mn via 5-year bond issue from GIFT City unit

India's largest private-sector lender tapped offshore markets through its GIFT City IFSC unit, issuing senior unsecured bonds carrying a 5.067 per cent coupon

HDFC Bank prices $750 mn bond in largest lender offshore deal since 2023

The deal is the largest by an Indian lender since the State Bank of India's $750 million five-year bond sale in May 2023 and comes as SBI and Bank of Baroda line up similar overseas debt sales

HDFC AMC gets HC relief in cyber theft case; injunction against hackers

The Bombay High Court has granted temporary injunction against a ransomware group identifying itself as "Morpheus" from distributing or disclosing confidential data exfiltrated by it from the HFDC Asset Management Company. A vacation bench of Justice Shreeram Shirsat, in the order passed on May 29, said prima facie an arguable case was made out to grant interim relief. "If the confidential data is misused or leaked or traded or compromised, it will lead to dreadful consequences and it can cause irreparable and irreversible damage to the plaintiff company," the court said. Apart from the injunction against the ransomware group from using, distributing or disclosing the confidential data, the court also directed the Union government to take all steps necessary to remove, delete, block and disable accounts in relation to the stolen confidential data. The order was passed on an application and suit filed by HDFC Asset Management Company Limited seeking an injunction against the hackers

CBSE portal was hit by malicious attack; 50 children were affected: Report

The CBSE revaluation portal's payment system was hit by a "malicious attack", with around 50 students getting affected, government sources have said. "There were some unauthorised attacks on the portal. The payment gateway was with respect to HDFC about 50-odd children had got in after the hack," a source said. According to the sources, the issue led to abnormal fee displays on the portal, where the payable amount in some cases fluctuated from around Re 1 to nearly Rs 67,000-68,000. "I think out of fun or out of mala fide intention, one rupee was shown and then Rs 67-68,000. So, there were about 50 children in whose cases the amount had changed," the source said. The glitch was linked to the HDFC payment gateway integrated with the system and occurred when the portal went live. "I think the portal was not functional for quite some time. There were issues with respect to the amount where 50 children came in, and they (hackers) manipulated the system," the source said. Four PSU ban

Capital market firms post robust Q4 growth despite MTM-related drag

Kotak Institutional Equities said strong retail flows, trading activity and client additions supported earnings growth despite MTM-related pressure

4 fund houses accounted for half of FY26 folio additions: Amfi data

Equity performance and gold ETF demand helped Nippon, HDFC, ICICI Pru, and Tata widen lead

West Asia crisis does not change long-term growth outlook: Chirag Setalvad

Near-term earnings may face pressure from geopolitical risks and oil prices, but improved valuations and strong fundamentals keep India's long-term equity story intact

Top equity funds that performed best over 5 years | HDFC Flexi Cap | Large & Midcap funds | SIP

Markets have gone through a full cycle in the last five years: crashes, rallies, corrections, and recoveries. But which mutual funds actually delivered?

CSR spend by NSE-listed firms jumps 23% to ₹22,212 crore in FY25: Report

Higher corporate profits lifted CSR spending, with more firms meeting or exceeding mandated outlays even as some funds remained unspent and were moved to designated accounts

FPI, MF positioning leaves HDFC Bank vulnerable to further downside

Despite attractive valuations, persistent FPI overweight and limited domestic mutual fund capacity may keep HDFC Bank stock vulnerable to further declines

Sebi begins review of former HDFC Bank chairman Chakraborty's exit letter

In his resignation letter, Chakraborty cited "certain happenings and practices within the bank" that he said were "not in congruence" with his personal values and ethics