Page 49 - Hdfc Bank

HDFC Bank and mortgage lender HDFC Ltd to merge

The HDFC Bank and HDFC Ltd. merger is expected to be completed by Q2/Q3 of FY24

HDFC Bank, HDFC rally up to 10% as board approves merger

The share exchange ratio for the amalgamation of HDFC with and into HDFC Bank shall be 42 equity shares of face value of Re 1 each of HDFC Bank for every 25 equity shares of face value of Rs 2 of HDFC

HDFC Bank clocks 21% loan growth at Rs 13.69 trillion in FY22

The growth in advances was about 8.6% over Rs 12.60 trillion as of December 31, 2021, the bank informed BSE

M-cap of ten valued firms soars Rs 2.61 trn; HDFC Bank, RIL lead gainers

The top 10 valued domestic firms added a whopping Rs 2,61,767.61 crore to their total market valuation last week in tandem with a buoyant trend in equities

M-cap of 10 most valued firms soars Rs 2.61 trn; HDFC Bank, RIL top gains

Last week, the Sensex zoomed 1,914.49 points or 3.33 per cent.

Green fixed deposits: For interest of the environmentally conscious

They're at par with normal fixed deposits but not all banks offer these

Pandemic-related stress on unsecured loan assets over: HDFC Bank

The unsecured lending book for the bank includes credit cards and personal loans

Indices rally amid signs of truce in Ukraine war; Sensex jumps 350 points

Global equity markets, including Indian markets, traded higher as another round of peace talks between Russia and Ukraine got underway amid signs of a peace deal.

HDFC Bank to infuse Rs 3 cr to acquire stake in debt resolution firm IDRCL

HDFC Bank on Tuesday said it has inked an agreement to invest Rs 3 crore in the first tranche to acquire a stake in debt management company IDRCL. HDFC Bank has signed a pact on March 28, 2022, for investment in India Debt Resolution Company Ltd (IDRCL) by way of subscription to equity securities, the bank said in a regulatory filing. IDRCL was incorporated on September 3, 2021, to carry on the business as a debt management company and to do all kinds of debt management. It will do operational management and consultancy services in relation to debt resolution for an asset reconstruction company or investment trust or any other portfolio of securities. "Equity investment will be done in tranches, and the first tranche of equity investment of Rs 3 crore is expected to be completed by March 31, 2022. Subsequent tranches of equity investment will be made as and when determined by the board of directors of IDRCL," the private sector lender said. The bank said it will infuse, in cash, Rs

Stocks to Watch: PVR, Inox, Airtel, Emami, DLF, HDFC Bank, Gail India, PSUs

PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.

HDFC Bank plans to raise up to Rs 5,000 cr in capital via AT1 bonds

The lender will separately raise up to Rs 5,000 crore through infrastructure bonds carrying "AAA" rating.

HDFC Bank, Kotak Mahindra and Axis Bank acquire 8% each in ONDC

All the three banks have invested Rs 10 crore each.

Stocks to Watch: Zomato, Eicher Motors, IndiGo, HDFC Bank, Dhani Services

Auto stocks too could be in limelight as the government shortlisted 75 firms under its PLI scheme for the sector.

Tech-ready: HDFC Bank lines up digital launches in two-three quarters

In the upcoming two/three quarters, the bank is looking to launch a revised version of its payment app, PayZapp

HDFC Bank biz in Karnataka tops Rs 2 trn, lender leads pvt sector in state

The bank's total advances in the state were Rs 73,655.39 cr in Q2FY22; lender enjoys 9% market share in total advances in Karnataka

Why top lenders are laying the groundwork for digital-only banks

SBI is revamping its mobile application to turn to a complete digital bank, which will be named 'Only Yono'. HDFC Bank is working on a similar plan. What does this mean for future for banking?

Recouping lost credit card share to be 'gradual', says HDFC Bank

Analysts expect the bank's underperformance to reverse

HDFC Bk: Analysts eye new launches as RBI lifts curb on digital initiatives

In December 2020, RBI had imposed restrictions on HDFC Bank on issuing new credit cards, and introducing new digital initiatives due to concerns over recurring IT-system outages

HDFC Bank gains 3% as RBI lifts restrictions on new digital initiatives

This moves comes as a positive for HDFC Bank as this will paddle growth opportunities, said brokerage ICICI Securities.

RBI lifts all restrictions on HDFC Bank's new digital launches

'Reserve Bank of India has lifted the restriction on the business generating activities planned under the Bank's Digital 2.0 programme,' announced HDFC Bank