Page 39 - Hdfc Bank

HDFC gets National Housing Bank nod for merger with subsidiary bank

Mortgage major HDFC has received approval from the National Housing Bank (NHB) for its merger with subsidiary HDFC Bank, a regulatory filing said on Tuesday.

HDFC Bank's Kaizad Bharucha took home the most among bankers in FY22

Axis' Amitabh Chaudhry the highest paid among bank CEOs

BSE, NSE to remain closed for trading today on account of Muharram

The official website, bseindia.com states that August 9 will be a market holiday, which would mean that there will be no trading in equity segment, equity derivative segment and SLB degment

HDFC Bank, IDFC First hike MCLR post repo rate hike by Reserve Bank

Most banks have revised their external benchmark linked loan rates by 50 bps

No need to pay off parent firm's liabilities on day 1 of merger: HDFC Bank

The parent-subsidiary merger is seen as the biggest transaction in India's corporate history

HDFC Bank Parivartan signs Rs 107 crore deal with IISc Bengaluru

HDFC Bank Parivartan on Tuesday signed a memorandum of understanding with the Indian Institute of Science, pledging Rs 107.76 crore for construction of Bagchi-Parthasarathy Hospital at IISc Bengaluru. The three wings of the hospital to be supported by the bank are cardiology, radiology and emergency medicine, it said in a statement. IISc is setting up a multi-speciality, not-for-profit, 832-bed hospital, called the Bagchi-Parthasarathy Hospital along with a Postgraduate Medical School within its Bengaluru campus. The hospital is expected to be fully functional by the end of 2024 while the first batch of MD/PhD students will be admitted in 2025. Group Head, ESG & CSR, Business Finance & Strategy, Administration and Infrastructure, HDFC Bank, Ashima Bhat, said: The new hospital and the medical school will not only bolster the healthcare needs of the entire region but will also provide a new generation of physician-scientists".

Stocks to Watch: YES Bank, Cipla, Bank of Baroda, Zomato, HDFC, ITC, NTPC

Stocks to Watch today: ITC, UPL, Zomato, Arvind, Bajaj Consumer Care, among others will release their Q1 earnings today.

Top Headlines: Centre's capex Q1 outlay, Fed hikes rates by 75 bps, & more

Business Standard brings you the top headlines at this hour

After HDFC Bank, more banks may offer higher rates on NRE deposits

For domestic deposits worth Rs 2 crore to less than Rs 5 crore with a tenure of one year to less than 15 months, HDFC Bank offers 6.25 per cent, data on the lender's website showed

HDFC Bank opens special window offering 6.80% interest for NRE deposits

The window, which is available on Wednesday and Thursday, offers an annual rate of 6.80 per cent on NRE deposits worth Rs 2 crore to less than Rs 150 crore

Vivo T1x goes on sale on Wednesday; Check price, specs and other details

Vivo T1x will be made available for purchase tomorrow from 12 pm onwards. Apart from Flipkart, the smartphone can also be purchased from Vivo's official website

After falling to record lows, rupee regains footing against US dollar

RBI's interventions and a less hawkish view on US Federal Reserve among factors that help currency

FPI legroom not enough for big MSCI boost, says Macquarie Capital

According to the latest June quarter shareholding data, the FII shareholding in HDFC Bank and HDFC Ltd has declined to 65.81 per cent and 67.7 per cent, respectively

HDFC Bk: Merger with HDFC, NIM compression near-term concerns, say analysts

HDFC Bank Q1 review: Issues with management's bandwidth in managing the balance sheet post merger remains key risks for upside, said Nomura

Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%

CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries

Q1 impact: Mindtree eyeing 23% upside; HDFC Bank faces hurdle, charts show

Shares of Mindtree seem fairly placed and can rally up to 23 per cent, while ACC, HDFC Bank and ICICI Prudential Life need to conquer key levels for a fresh rally to emerge.

Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS

Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.

HDFC Bank lost Rs 50k-cr corporate loans as competitors offered lower rates

Merger-related dispensations separately handled by RBI, says HDFC Bank CFO Srinivasan Vaidyanathan

Merger with HDFC to help tap home finance opportunity: HDFC Bank chairman

A more stable balance sheet because of the merger will enable HDFC Bank to step up exposures and facilitate higher credit growth in the economy, said the chairman

HDFC Bank's Q1 net profit rises 19% to Rs 9,195.99 cr, NII grows 14.5%

The bank's pre-provision operating profit was at Rs 15,367.8 crore in Q1FY23