HDFC Bank had earlier revised savings deposit rates by 25 bps; ICICI Bank yet to cut savings deposit rates
HDFC Bank stock was trading at ₹1.869.20, up 3.45 per cent from Friday's close of ₹1,806.75 on the National Stock Exchange
For balances above Rs 50 lakh, the interest rate has been lowered to 3.25 per cent, down from 3.5 per cent
Trump Tariffs: HDFC Bank, Bajaj Finance, Trent, Adani Power, IGL, and Krsnaa Diagnostics are among top stocks to buy, as per Ventura Securities
As a result, HDFC Bank's credit-deposit (CD) ratio declined to 97 per cent at the end of March 2025, a drop of 800 basis points (bps) since March 2024
In Q4, the bank's period-end deposits were ₹27,14,500 crore as of March 31, 2025, a growth of around 14.1 per cent over ₹23,79,800 crore as of March 31, 2024
The bank has securitised Rs 57,000 crore of loans in FY25, and in Q4 alone, the bank has securitised Rs 10,700 crore of loans
Now, the bank is offering a 7 per cent interest rate on deposits of up to Rs 3 crore for 35-month and 55-month tenures
The combined market valuation of eight of the top-10 most-valued firms climbed Rs 88,085.89 crore last week, with HDFC Bank leading the pack of gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark gauge climbed 509.41 points, or 0.66 per cent. From the top-10 pack, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Hindustan Unilever, and ITC were the gainers, while Reliance Industries and Infosys faced erosion from their market valuation. HDFC Bank added Rs 44,933.62 crore, taking its valuation to Rs 13,99,208.73 crore. The market capitalisation (mcap) of State Bank of India jumped Rs 16,599.79 crore to Rs 6,88,623.68 crore. The valuation of TCS rallied Rs 9,063.31 crore to Rs 13,04,121.56 crore while that of ICICI Bank was up Rs 5,140.15 crore to Rs 9,52,768.61 crore. The mcap of ITC soared Rs 5,032.59 crore to Rs 5,12,828.63 crore and that of Hindustan Unilever climbed Rs 2,796.01 crore to R
Grocery, fuel and utilities are among the top spend categories for the credit card
According to RBI, the HDFC Bank did not categorise certain customers into low, medium or high risk category based on its assessment and risk perception
HDFC Bank stock has confirmed a breakout from a descending trendline, signaling the end of its corrective phase and the start of a fresh upward move
IndusInd Bank raised Rs 11,000 crore by issuing certificates of deposit (CDs) across a range of maturities
Private banks, non-banking financial companies (NBFCs), healthcare, telecom, and metals were preferred sectors by mutual funds
Of the Rs 478 crore, Rs 329 crore comes from 1,973 mortgage and home loan accounts, Rs 77 crore from 3,232 commercial vehicle loan accounts, and Rs 72 crore from 2,074 agriculture loan accounts
The auto sector is exhibiting a mixed trend, with Tata Motors now attempting a recovery after a seven-month corrective phase
Credit-card spending for January stood at Rs 1,841 billion, marking a two per cent slide month-on-month (MoM), but a strong 14 per cent year-on-year growth
Stocks to Buy Today: The recent buying traction in HDFC Bank share has been backed by a rise in trading volumes
Per card spending in the industry stood at Rs 16,910, up 1.09 per cent from the same period last year
NSE, Bharti Airtel storm into top 10 for the first time in Axis Bank's Burgundy Private and Hurun India list; Motilal Oswal Financial Services was the fastest-growing company, the report suggests.