Page 16 - Hdfc Bank

Japan's MUFG discusses buying 20% stake in HDFC Bank's IPO-bound arm

The move marks the latest in a string of acquisitions by Japan's top banks in India

HDFC Bank branch opens in Kavaratti as Lakshadweep's popularity soars

Lakshadweep islands have witnessed a surge in popularity following PM Narendra Modi's visit in January

Street Signs: EPFO's equity gambit and unlocking IPO potential, and more

The initial public offering-related lock-up on shares is set to expire in the case of 13 companies this week

Stocks to Watch, April 5:Banks, Auto, Sobha, Equitas SFB, SCI, Ireda, Cipla

Stocks to Watch on Friday, April 5, 2024: Shares of financial, automobile, and real estate companies would be on radar as the RBI is set to announce the first repo rate decision of FY25

Education loan financier HDFC Credila to raise Rs 2,700 cr in fresh equity

Arijit Sanyal, managing director and chief executive officer of HDFC Credila, said the board has cleared a proposal for raising fresh equity

HDFC Bank's gross advances surge 55.4% to Rs 25.08 trn in Q4 FY24

The bank's domestic retail loans grew by around 108.9% over the year-ago period and rose by 3.7% over Q3 FY24 figures

Bulls march on D-Street, pitch camp at new heights; Sensex up 351 points

Rally in HDFC Bank, Powell's reassurance buoy sentiment

HDFC foreign legroom rises but misses index provider MSCI threshold

The rally was on the back of an encouraging business update for the March quarter where HDFC Bank's deposit growth remained robust and the loan-to-deposit ratio fell

HDFC Bank reports over 7% QoQ growth in deposits in Q4FY24; stock zooms 3%

The bank said its total deposits stood at Rs 23.8 trillion at the end of the March quarter

Securitisation volume growth slows to 4% in FY24 on HDFC merger: ICRA

The overall securitisation volume growth slowed to 4 per cent in FY24 to Rs 1.88 lakh crore due to the impact of the HDFC twins merger, domestic rating agency Icra said on Thursday. In FY23, the securitisation volume had grown by 33 per cent to Rs 1.80 lakh crore, and mortgage major HDFC was the biggest originator. In a report, the agency said it expects the volume of securitisation - where a lender typically transfers the future receivables on a loan asset against upfront payment - to cross Rs 2 lakh crore in FY25. "The increasing share of co-lending by NBFCs (non-bank finance companies) and HFCs (housing finance companies) would challenge the growth in the securitisation market, though at this juncture we expect an increase in both forms of funding," Icra's group head for structured finance ratings Abhishek Dafria said. He added that if HDFC is excluded, the securitisation volumes grew 25 per cent during the fiscal year. "The increase in volumes was driven by both existing large

Sumant Rampal appointed as head of HDFC Bank's mortgage business

Before the new role, Rampal was the Group Head - Business Banking Working Capital, Rural Banking Group, and Sustainability Livelihood Initiative at HDFC Bank

HDFC Bank completes Rs 9,553 cr stake sale in education unit HDFC Credila

Central bank had asked private lender to reduce its shareholding in HDFC Credila

RBI declines request to classify HDFC Ltd bonds as infrastructure bonds

HDFC bank had sought the RBI's approval to classify bonds with maturities between 7-10 years, worth around Rs 1.2 trillion, as infrastructure bonds

HDFC Bank closes $1.15 bn stake sale in education finance arm HDFC Credila

The conclusion of the deal comes ahead of HDFC Bank's fourth-quarter results next month

HDFC Bank raises Rs 2,910 cr via infrastructure bonds for funding projects

The issue size was Rs 1,000 crore with a green shoe option of Rs 2,000 crore, debt market sources said. These bonds carry an "AAA" rating from CRISIL

Poonawalla Fincorp announces appointment of Arvind Kapil as MD & CEO

The current MD & CEO of the company, Abhay Bhutada, has been elevated to a group-level role

HDFC Top 100 Fund: The top 30% ranking and steady asset growth

The fund's month-end assets under management (AUM) increased from Rs 17,715 crore in January 2021 to Rs 30,980 crore in January 2024. Rahul Baijal has been managing this fund since July 2022

Bright spots: India and Indonesia, shining stars in earnings constellation

Nomura's analysis reveals that India's beat-to-miss ratio stands at 13 per cent, second only to Indonesia, which is at 38 per cent

Paytm parent One97 Communications plans partnership with 4 banks for UPI

UPI payments on the Paytm app will likely redirected to SBI, HDFC Bank, Axis Bank, and Yes Bank for settlement, if Paytm Payments Bank operations cease after March 15

Mutual funds sell 25% in Paytm holding, continue to lap up HDFC Bank

Reliance Industries along with HDFC Bank remain the top mutual funds buys for 2nd straight month