In the B2B segment, HDFC Bank has a Flipkart-Diners wholesale card, which is typically offered to small retailers who normally make purchases from different distributors
HDFC Bank shares have already outperformed the market over the past three trading sessions, with a 3 per cent increase
On July 1, housing finance major HDFC completed the reverse merger with its subsidiary HDFC Bank
HDFC Bank Chairman Atanu Chakraborty, on the other hand, expressed confidence that the private sector lender would benefit from the low cost of funds that a bank traditionally enjoys
Every HDFC shareholder has got 42 shares of HDFC Bank for every 25 shares they hold.
13 NBFCs raised Rs 12,551 crore in July so far
HDFC Bank Q1 results preview: Analysts will be glued to the management's earnings growth guidance for the merged financial behemoth
It is mandatory for banks to link retail loans and loans to micro, medium and small enterprises to an external benchmark
The absence of the leadership from HDFC is likely to make the integration process smoother and faster as the leadership from the HDFC bank will drive the process
The scheme's investment objective is to generate capital appreciation/income from a portfolio, predominantly comprising equity and equity-related instruments
HDFC Bank (merged entity) reported gross loan growth of 15 per cent compared to a standalone loan growth of 20 per cent, an analyst pointed out
LTI's inclusion in the Nifty50 index will result in inflows of Rs 1,450 crore ($177 million) from passive trackers, as per a note by IIFL Alternative Research
Several investors are concerned that since both stocks are among the widely held scrips in their portfolios, it could result in a fire sale of the entity at a beaten-down price.
The terms of your FD along with interest rates, interest computation methodology, tenure, maturity instructions and pay-outs will remain same until maturity/renewal of your FD.
32 committees; 6 months, 6 leaders ensured smooth integration
The merger will push the bank's retail loan, as well as the secured loan portfolio and lengthen the average maturity profile of loans
The loans outstanding that qualify as priority sector loans under banking norms stood at about Rs 1.1 trillion, HDFC said in filing with BSE
According to RBI rules, a bank can hold either below 30 per cent or above 50 per cent stake in insurance ventures
Parekh led several Indian govt, regulators panels to suggest financial sector reforms
Active fund managers will be forced to remain underweight on the stock; Could have a bearing on their performance