Keki Mistry says board unaware of any governance concerns behind Atanu Chakraborty's exit; assures 'strong controls' and stable leadership
Regulator says bank remains well-capitalised with strong governance and management, approves Keki Mistry as interim chairman for three months
Market strategist Anand James of Geojit Investments highlights that the January 2025 low of ₹810 is the key, sustained trade below the same could favour further downside.
Ex-IAS officer Atanu Chakraborty resigned from HDFC Bank's board as a part-time chairman and independent director, citing 'ethical' differences with some practices at the bank
Keki Mistry says there are no material concerns at HDFC Bank after Atanu Chakraborty's exit, rules out governance issues, and says the board will review organisational structure
HDFC Bank shares hit a fresh 52-week low on Thursday, falling over 8 per cent on the NSE, following the resignation of its Chairman Atanu Chakraborty. Analysts warn of near-term pressure
Based on interactions with direct selling agents (DSAs) across western India, Motilal Oswal said MSME credit demand remains healthy in Q4FY26
Stocks to Watch today, March 19: HDFC Bank, Ultratech, Vedanta, United Breweries, and Belrise Industries are among the top stocks to watch today
"Certain happenings and practices within the bank, that I have observed over last two years, are not in congruence with my personal values and ethics", says Chakraborty
HDFC Bank, ICICI Bank and Kotak Mahindra Bank attract strong inflows from mutual funds in February, while fund houses trim exposure to SBI and other large-cap stocks
Emkay Global warns of a 10-per cent downside in Nifty as Iran war volatility keeps crude oil above $100 per barrel. It has picked HDFC Bank, Eternal, and Max Healthcare as top stocks to buy now.
The combined market valuation of the top-10 domestic firms eroded sharply by Rs 4.48 lakh crore last week, in tandem with a steep decline in equities, with banking majors State Bank of India and HDFC Bank taking the biggest hit. Last week, the BSE benchmark Sensex tanked 4,354.98 points or 5.51 per cent, and the NSE Nifty dropped 1,299.35 points or 5.31 per cent as surging crude prices raised concerns over inflationary pressures and global economic stability amid the widening conflict in West Asia. "The primary driver behind the market weakness was the sustained rise in crude oil prices following the escalating conflict between Iran, the United States and Israel. Brent crude surged past USD 101 per barrel, raising concerns over India's fiscal position and inflation outlook," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The market valuation of State Bank of India tumbled Rs 89,306.22 crore to Rs 9,66,261.05 crore. HDFC Bank faced an erosion of Rs 61,715.32 crore to Rs ...
Holdings in SBI, ICICI Bank and HDFC Bank accounted for more than one-fifth of the losses for Life Insurance Corporation of India; while L&T alone created a 11 per cent dent, shows ACE Equity data.
SBI, HDFC Bank, ICICI Bank, and Axis Bank are the Indian banks who have supported the new framework
Within the Nifty 500, 14 stocks, including AWL Agri, LTIMindtree, Wipro, CoForge and IRFC were trading with a RSI reading below 20; technically the oversold threshold for the RSI parameter is 30.
The iPhone maker is in talks with ICICI Bank Ltd., HDFC Bank Ltd. and Axis Bank Ltd., as it aims to introduce its payment service in India, keeping the timeline fluid for now
Benchmark indices rebounded 0.8% after a two-session slide, driven by bargain buying in HDFC Bank, even as IT stocks stayed subdued and RBI's tightened lending norms pressured intermediaries
If ICICI group's stake in the lender falls below 5 per cent, it will need fresh RBI approval to raise the shareholding to 5 per cent or more
Banks see strong revival in corporate lending as higher bond yields and improved working capital utilisation push companies back to bank loans in Q3FY26
Company introduces new monthly redemption caps and category limits for its premium card, effective Feb 1