Page 40 - Hdfc Bank

Share of low-cost deposits falls as FD rates rise, banks' NIM may take hit

With RBI on monetary tightening path, liquidity has shrunk and interest rates have hardened, forcing banks to hike rates on term deposits in order to get funds for credit growth

A step-by-step guide on withdrawing cash from ATM using UPI apps

Withdrawing without debit or credit cards reduces chances of transaction failure due to wrong PINs, or lost or stolen cards; note, however, that very few banks offer UPI-based withdrawals currently

Worst of rupee volatility seen over as Fed view softens: BS poll

Rupee likely at 81.68 by December-end, largely stable at 81.75 by March-end

Nine of top-10 firms add Rs 2.12 trn in m-cap; HDFC Bank tops chart

Nine of the 10 most valued firms together added over Rs 2.12 lakh crore in their market valuation last week, with HDFC Bank and TCS emerging as the lead gainers. Last week, the 30-share BSE benchmark jumped 844.68 points or 1.38 per cent. The stock markets were closed on Tuesday for Guru Nanak Jayanti. From the top-10 pack, Hindustan Unilever Ltd (HUL) was the only laggard. The top 9 firms added a total of Rs 2,12,478.82 crore to their market valuation last week. Among the winners, HDFC Bank added Rs 63,462.58 crore, taking its valuation to Rs 8,97,980.25 crore. Tata Consultancy Services' valuation jumped Rs 36,517.34 crore to reach Rs 12,13,378.03 crore. The market valuation of HDFC advanced Rs 29,422.52 crore to Rs 4,81,818.83 crore and that of Reliance Industries climbed Rs 26,317.30 crore to Rs 17,80,206.22 crore. The market capitalisation (m-cap) of Infosys rose by Rs 23,626.96 crore to Rs 6,60,650.10 crore and Adani Enterprises surged by Rs 20,103.92 crore to Rs 4,56,992.

Amalgamation-bound HDFC twins soar more than 5% each on MSCI tweak

Both stocks were the biggest gainers in both the Sensex and Nifty indices and accounted for nearly half of the gains made by these indices

HDFC Bank, HDFC hit over 7-month highs; stocks rally up to 15% in one month

According to a Macquarie report, the merged entity of HDFC-HDFC Bank may command a MSCI Weight of 13 per cent, up from 5.78 per cent

After meeting Q2 expectations, HDFC's growth outlook appears healthy

Analysts positive on stock, expect it to trade in the Rs 2,750-Rs 3,000 range

HDFC retail loan demand at 8-year high, standalone net profit rises 18%

Shifted from quarterly reset for individual loans to monthly one

RBI's e-rupee pilot takes off; Day 1 bond trade deals hit Rs 275 crore

SBI, BoB hammer out first gilt deal using digital rupee; 48 transactions carried out

Credit card base of major issuers erodes in Q2 over RBI's norms

SBI Card was exception as gains card base, market share

RBI reviewing regulation for governing non-core business of banks

The modifications in relation to banks' non-core business could be made by amending the Banking Regulation Act

Credit card spends touch record high of Rs 1.22 trillion in September

Banking system saw a net reduction of close to 290,000 cards during this period, impacted by RBI norms warranting deactivation of cards that are inactive for a year

NSE floats consultation on index components ahead of HDFC-HDFC bank merger

Currently, the entity getting merged is removed from the index and later the weightage of the merged entity is increased

Down 66% YoY, total deal value in Q3FY23 second lowest since 2017: Report

According to Grant Thornton Bharat's Dealtracker September 2022 report, a total of 450 deals worth $10.2 billion were recorded in Q3FY23, 25 per cent below the 600 deals recorded in Q3FY22

Merger overhang to delay HDFC Bank's re-rating, caution analysts

From a long-term perspective, they see up to 40.4 per cent upside in HDFC Bank's stock as growth outlook remains intact

Pidilite may enter Nifty 50 once HDFC gets taken off after merger

The adhesive maker's inclusion to be ad hoc; analysts divided over treatment around HDFC's removal

Sensex zooms 491 pts, Nifty tops 17,300; PSBs soar, Electronics Mart up 42%

CLOSING BELL: Sectorally, the Nifty PSU Bank index climbed 3.6 per cent, Nifty Bank index 1.6 per cent, Nifty Financial Services and Private Bank indices up to 1.5 per cent

Apple festival offer of up to Rs 7,000 discount on products ends on Oct 24

Apple festival offer of seven per cent instant saving (up to Rs 7,000) on use of eligible HDFC Bank credit cards and American Express cards is ending on October 24

Stocks to Watch: HDFC Bank, Electronics Mart, Bajaj Auto, Axis Bank, DMart

Stocks to watch today: Electronics Mart will make its debut on the bourses today. As per IPO Watch, the company could list with a healthy premium of up to 50% over issue price of Rs 59 apiece

HDFC twins may merge a few months ahead of schedule: HDFC Bank CFO

HDFC Bank reported a 20.1 per cent year-on-year increase in net profit to Rs 10,605.8 crore in July-September