Page 41 - Hdfc Bank

HDFC and HDFC Bank merger proposal gets nod from stock exchanges

The merger, which was announced in early April, requires a series of approvals from financial sector regulators including RBI and CCI before it goes to NCLT and shareholders

Well begun, but US recession fears to hit Indian firms' foreign M&As

Bankers bullish on local acquisitions by India Inc in rest of FY23

Rising interest rates won't impact housing demand: HDFC chairman Parekh

A home loan is for a long tenor and during this period there are bound to be both upward and downward interest rate cycles, he said

HDFC raises Rs 4,000 cr via 21-month paper, attracts bids of over Rs 70K cr

Companies, including HDFC, Tata Capital Financial Services, LIC Housing Finance and Haldia Petrochem raised over Rs 6,000 crore on Wednesday

India defies global slump with a record $82 bn dealmaking spree in Q2

India saw $82.3 billion pending and completed M&A deals in the second quarter, the highest amount on record, according to data compiled by Bloomberg

HDFC Bank-backed Lentra acquires AI startup TheDataTeam for undisclosed sum

The deal involves the acquisition of the customer intelligence platform Cadenz

Credit card spend hits new high in May; bounce rates by value at 3-year low

Bounce rates by value at three-year low

Sensex falls 710 pts, Nifty holds 15,400; Metal index drops 5%, RIL 3%

CLOSING BELL: In the broader markets, the Nifty MidCap100 and SmallCap100 indices fell up to 1.6 per cent.

HDFC Bank to shift payments from core banking, ensure minimal downtime

This would pave way for minimal payments downtime

HDFC Bank to double network in 5 yrs; to add 1,500-2,000 branches annually

The bank proposes to nearly double its network of branches in the next three to five years by opening 1,500 to 2,000 branches every year: CEO Sashidhar Jagdishan.

HDFC in final stage of selling 4 large, stressed accounts before the merger

The four distressed accounts include Subhash Chandra-promoted Siti Networks

SBI raises lending rates, HDFC Bank and BoB increase deposit rates

Moves follow RBI's 90-bp repo rate increase in a little over a month

Chris Wood rejigs India equity exposure; replaces HDFC with HDFC Bank

In the financial sector, Wood now holds SBI, Bajaj Finance, ICICI Prudential Life, ICICI Lombard and CAMS besides HDFC Bank in his India long-only equity portfolio.

With month to go for card-on-file tokenisation, firms set up solutions

Merchants and other entities that have stored card details of customers will have to purge the data and apply tokenisation

HDFC bank hikes MCLR by 35 bps across all tenures effective June 7

HDFC Bank has hiked its MCLR by 60 basis points since the Monetary Policy Committee (MPC) hiked the benchmark policy rate by 40 basis points in early May

HDFC-HDFC Bank merger: Parekh expects fair, judicious regulatory response

Says India could double the size of home loan business to $600 billion in 5 years

Time right for HDFC to find new home: Deepak Parekh to shareholders

The board of directors of HDFC and HDFC Bank on April 4 had approved the plan for an all-stock deal merger

HDFC Bank sees profits more than doubling to $15 bn in 5 years after merger

CEO Jagdishan tells analysts merger with HDFC gives the lender the opportunity to double balance sheet every five years

Stocks to Watch: LIC, Bata, AUSFB, Bharat Dynamics, REL, SBI Cards, HDFC Bk

Stocks to Watch Today: AU Small Finance Bank will be in focus as the company has set June 10 as the record date for the proposed 1:1 bonus issue.

HDFC, HDFC Bank, Bajaj Finance, Bajaj Finserv: Should you buy or sell them?

The Bajaj and HDFC twins can rally up to 8 per cent provided the stocks manage to sustain above the following key technical levels on the daily and weekly charts.