Page 44 - Hdfc Bank

HDFC twins' merger: RBI awaits more data to decide on dispensation request

At present, HDFC, being a non-banking financial company, does not have to comply with the CRR, SLR and priority sector obligations like banks

Top Headlines: RBI awaits data for HDFC merger, UK cabinet change & more

The Reserve Bank of India (RBI) is yet to grant dispensations for the proposed merger of Housing Development Finance Corporation (HDFC) with HDFC Bank

Stocks to Watch Today: Cipla, RIL, PNB, Reliance Power, Metals, Restaurants

Stocks to Watch Today: Shares of metal companies are also to be in focus as copper prices fell to 17-month lows amid new COVID restrictions in China, slowing global manufacturing activity and a jump i

HDFC Bank loans rose 21.5% YoY in Q1 to Rs 13.95 trn, deposits up 19.3%

Retail loans grew by around 21.5 per cent YoY in Q1 and approximately 5 per cent on a sequential basis, HDFC Bank said

HDFC Bank receives no objection letter from RBI for merger with HDFC

The RBI nod comes a day after both HDFC and HDFC Bank got no-objection from both stock exchanges, namely BSE and NSE

ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip

CLOSING BELL: The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent

Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares

Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.

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.