Stock market highlights on April 22: Among sectors, the Nifty PSU Bank index rallied 3.3 per cent, the Nifty Realty 1.12 per cent, and the Nifty Pharma index 1.5 per cent
Stocks to Watch on Monday, April 22, 2024: Reliance Industries, Rallis India, Mahindra Logistics, Hatsun Agro Product, and Tejas Networks will announce their March quarter earnings today
The one-time ex-gratia payment is a way to motivate the young workforce, said HDFC Bank CEO
HDFC Bank Q4 result: Boosted by trading gains and robust credit performance, HDFC Bank's net interest income rose 24.5% in the March quarter, with net profit reaching Rs 16,512 crore
Despite the gains on Friday, both indices finished the week in red for the first time in three weeks. The Sensex fell 1.6 per cent this week, and the Nifty 50 declined 1.7 per cent
HDFC Bank Q4FY24 result preview: According to Nomura, HDFC Bank's net profit may grow 40 per cent Q-o-Q to Rs 23,000 crore during the quarter
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The move marks the latest in a string of acquisitions by Japan's top banks in India
Lakshadweep islands have witnessed a surge in popularity following PM Narendra Modi's visit in January
The initial public offering-related lock-up on shares is set to expire in the case of 13 companies this week
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
Arijit Sanyal, managing director and chief executive officer of HDFC Credila, said the board has cleared a proposal for raising fresh equity
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
Rally in HDFC Bank, Powell's reassurance buoy sentiment
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
The bank said its total deposits stood at Rs 23.8 trillion at the end of the March quarter
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
Before the new role, Rampal was the Group Head - Business Banking Working Capital, Rural Banking Group, and Sustainability Livelihood Initiative at HDFC Bank
Central bank had asked private lender to reduce its shareholding in HDFC Credila
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