Page 2 - Hdfc Hdfc Bank

HDFC Bank revamps top management, seeks to propel mortgage business

HDFC agreed last April to acquire the country's largest mortgage lender in a deal valued at about $60 billion to ride a boom in home loans and consumer spending

We want to be No. 1 in affordable housing by FY26: Ravi Subramanian

RAVI SUBRAMANIAN, managing director and chief executive officer, feels that the sector is in a sweet spot, and capital will not be a constraint for the better-run players

Weighed by earnings hit, HDFC Bank may not perform in near-term: Analysts

Shares of HDFC Bank tumbled 3.7 per cent on the National Stock Exchange (NSE) on Wednesday after the pro-forma financials of the merged entity highlighted higher than expected hit on net worth

As credit growth outpaces deposits, banks may increase interest on FD

Bank deposits have gone up by 6.6 per cent to reach Rs 149.2 trillion during the April-August 2023 period, whereas the credit growth for the same period was 9.1 per cent

HDFC Capital Advisors plans to raise $2 billion private credit fund

The fundraising underscores an increased appetite for credit in India as real estate firms launch projects to meet demand from customers reviewing their home purchase decisions after the pandemic

With above 33% attrition, pvt banks find it tough to retain junior staff

Industry experts say that the resignations could be largely attributed to young employees taking a second look at their life decisions and career choices

Merged HDFC Bank to report Q1FY24 results on July 17; here's what to expect

HDFC Bank Q1 results preview: Analysts will be glued to the management's earnings growth guidance for the merged financial behemoth

HDFC merger poses increased competition in deposits segment for PSBs: Govt

PSBs told to take swift action on fraud and willful defaulters cases

Explained: How HDFC-HDFC Bank merger will impact equity mutual funds

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.

Made it a point to ensure zero customer disruptions: HDFC Bank Deputy MD

Once the merger was announced in April 2022, for an initial period of time due to regulatory requirements we were not engaging with one another

HDFC twins hog limelight, settle in positive territory post-merger

Shares of HDFC twins were in the limelight on Monday and ended in the positive territory, the first day of trading after the merger, amid an overall bullish equity market trend. The stock of HDFC climbed 1.76 per cent to settle at Rs 2,871.20 on the BSE. During the day, it jumped 3.70 per cent to its 52-week high of Rs 2,926. Shares of HDFC Bank went up by 1.05 per cent to end at Rs 1,719.55. In intra-day trade, it advanced 3.29 per cent to Rs 1,757.80 -- its 52-week high. The combined market valuation of HDFC and HDFC Bank stood at Rs 14,93,119.33 crore on the BSE. Housing finance major HDFC merged with its subsidiary HDFC Bank on Saturday. Rally in HDFC twins were significant in adding to the positive momentum in the equity market. Rallying for the fourth straight session, the 30-share BSE Sensex jumped 486.49 points or 0.75 per cent to settle at its all-time closing high of 65,205.05. During the day, it rallied 581.79 points or 0.89 per cent to its lifetime intra-day high of .

HDFC Bank: Despite merger, stock may remain sideways, caution analysts

Shares of HDFC Bank gained 3.2 per cent on the BSE in Monday's intra-day trade to hit a fresh record high of Rs 1,758 apiece

Stocks to Watch on July 3: HDFC twins, TMB, auto shares, SBI, Balaji Amines

Stocks to Watch on Monday, July 3: Post the approval of the merger between HDFC Bank and HDFC, the trading window in HDFC Ltd will remain closed till July 13

Merged HDFC Bank set to push Reliance off its perch as top weight

Both RIL's and TCS' free-float m-caps are lower compared to HDFC Bank's

HDFC Bank 1994 + five banks + HDFC = HDFC Bank 2023

The merger will push the bank's retail loan, as well as the secured loan portfolio and lengthen the average maturity profile of loans

Aim is to create one HDFC Bank in every four years: CEO Sashi Jagdishan

The bank will set up a grievance committee to hear the concerns of anyone who wishes to air their woes

Mistry, Karnad to join HDFC Bank board, CFO Rangan to be executive director

The merger of HDFC with HDFC Bank created a banking behemoth with a market cap of $180 billion - the fourth largest bank in the world

HDFC-HDFC Bank merger: On global stage today, $180 bn banking giant

Boards of both companies give their final approval for amalgamation

HDFC twins near 52-week highs ahead of Board meet; stocks up 4% this week

Shares of HDFC Bank and HDFC Ltd gained 2 per cent each in Friday's intra-day trade ahead of their Board meeting to finalise merger date

TMS Ep466: New TCS regime, HDFC twin merger, markets, wreck-diving

How will the new TCS regime affect you? What are the implications of the HDFC merger? Report card H1-CY23: How did the markets fare? What is wreck-diving? All answers here