With this revision, the bank's MCLR now ranges from 9.20 to 9.45 per cent
At 6:36 AM, GIFT Nifty Futures were trading 47 points lower at 23,568, indicating a negative start for the Indian bourses
The combined market valuation of six of the top-10 most valued firms surged Rs 1,18,151.75 crore last week, with HDFC Bank and Bharti Airtel emerging as the biggest gainers, in-line with firm trend in equities. Last week, the BSE benchmark climbed 354.23 points, or 0.45 per cent, and the Nifty went up 77.8 points, or 0.33 per cent. While Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys and Bajaj Finance were the gainers from the top-10 pack, Tata Consultancy Services (TCS), State Bank of India, Hindustan Unilever, and ITC faced erosion from their valuation. Together these four firms lost Rs 1.15 lakh crore from their valuation. The market valuation of HDFC Bank jumped Rs 32,639.98 crore to Rs 13,25,090.58 crore. Bharti Airtel added Rs 31,003.44 crore taking its valuation to Rs 9,56,205.34 crore. The market capitalisation (mcap) of Bajaj Finance surged Rs 29,032.08 crore to Rs 5,24,312.82 crore and that of Infosys rallied Rs 21,114.32 crore to Rs 7,90,074.08 ...
The data showed that banks' credit increased by 12.4 per cent year-on-year last month, slower than the 15.6 per cent rise in December 2023
The per credit card spending rose by 3.20 per cent Year-on-Year (YoY) from Rs 16,865.26 in December 2023 and 8.22 per cent YoY from Rs 15,584.21 in December 2022
Brokerages believe central bank's actions set the stage for a repo rate cut in February
Plan will create more than 81,000 jobs and contribute $15.3 bn to India's economy by 2030, says company
HDFC Bank share price: HDFC Bank share price rose 1.2 per cent on the BSE, hitting an intraday high of Rs 1,685 per share
Cash withdrawals at ATMs with HDFC Bank debit and credit cards will remain available during maintenance period
Net interest margin was 3.43 per cent for the third quarter of the financial year, flat as compared to the same period last year but lower than 3.5 per cent of Q2
The bank's average deposits grew by nearly 16 per cent Y-o-Y to Rs 24.54 trillion in the December 2024 quarter
Stock Market Close Highlights, Jan 22: The NSE Nifty 50 index ended 131 pts higher at 23,155. Sectorally, the Nifty IT index soared over 2 per cent, while the Realty index cracked almost 5 per cent.
HDFC Bank Q3 results: On the bourses, HDFC Bank share price recovered sharply from the day's low after the announcement of Q3 results as the bottomline was better than Street estimates
Q3FY25 company results, January 22: HUL, HDFC Bank, Tata Communications, NIIT, Heritage Foods, and IIFL Wealth Management will release their financial reports for the October-December quarter today
Stock Market Today, January 22, 2025: Denta Water IPO and Rexpro IPO will open today; EMA Partners IPO Allotment will be finalised; and Rikhav Securities and Kabra Jewels shares will list today
HDFC Bank Q3 results 2025 date: HDFC Bank will report Q3 results 2025 on January 22
HDFC Bank and Kotak Mahindra Bank are expected to report increases in bad loans, which should lead to higher provisions and weigh on quarterly profit
The value of new business (VNB) rose 8.6 per cent YoY to Rs 930 crore in Q3 FY25, compared to Rs 856 crore in the same period last year
The HDFC AMC share gained 1.68 per cent on the NSE on Tuesday, closing at Rs 3,899
The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week, with HDFC Bank taking the biggest hit, in-line with a weak trend in domestic equities. Last week, the BSE benchmark slumped 1,844.2 points or 2.32 per cent, and the Nifty dropped 573.25 points or 2.38 per cent. While Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India and ITC faced erosion from their market valuations, Tata Consultancy Services (TCS), Bharti Airtel, Infosys, Hindustan Unilever and the latest entrant in the top-10 pack -- HCL Technologies, were the gainers. The market capitalisation (mcap) of HDFC Bank dropped by Rs 70,479.23 crore to Rs 12,67,440.61 crore. The Kolkata-based diversified entity ITC's valuation tumbled Rs 46,481 crore to Rs 5,56,583.44 crore. The mcap of State Bank of India slumped Rs 44,935.46 crore to Rs 6,63,233.14 crore and that of Reliance Industries eroded by Rs 12,179.13 crore to Rs 16,81,194.35 crore. ICICI Bank's valuati