Page 10 - Hdfc

HDFC Q3 profit jumps 13% YoY to Rs 3,691 crore, AUM grows 13% to Rs 7 trn

HDFC's Q3 net profit beat Street estimates which had pegged PAT around Rs 3,730 crore

Stocks to Watch: Adani Ent, Adani Green, HDFC, Maruti Suzuki, Insurance

Stocks to watch today: The Board of Adani Enterprises (AEL) has announced that it will not go-ahead with the fully subscribed Follow-on Public Offer (FPO)

Corporate India's new mantra for employees on leave: Do Not Disturb

Plan your own leave, unlimited paid vacation days, and multiple leave options are India Inc's attempt at respecting time off

HDFC to raise at least Rs 30 billion through issue of 10-year bonds

The issue will also have a greenshoe option to retain an additional 20 billion rupees and will close for subscription later this week

Private sector insurer HDFC Life expects margins to improve in Mar quarter

Leading private sector life insurer HDFC Life expects its margins to improve further in the fourth quarter, having already neutralised the hit it had taken from the merger of Exide Life three quarters earlier than expected. The company closed the December quarter with a new business premium margin of 26.8 per cent. Its FY22 VNB (value of new business) margin stood at 27.4 per cent and the management is confident of reaching there or making a further improvement as it closes the current fiscal. Over the weekend, HDFC Life reported a 15.2 per cent growth in net income at Rs 315.22 crore on a net premium income of Rs 14,379.38 crore, which rose 18.6 per cent annualised from Rs 12,124.36 crore. Its first-year premium stood at Rs 2,724.87 crore, up from Rs 2,115.97 crore, and the renewal premium soared to Rs 7,187 crore from Rs 5,543.03 crore. At 26.8 per cent, the VNB margin is already at the pre-merger level, neutralising the impact of the merger of Exide Life (in Q2 FY23) almost thre

HDFC to raise at least Rs 3000 cr via bonds; may invite bids next week

India's Housing Development Finance Corp (HDFC) will return to bond market after a gap of two months, three merchant bankers said on Friday

HDFC Bank, HDFC extend gains; advance over 3% in two trading days

In the past three months, HDFC Bank (up 13 per cent) and HDFC (up 15 per cent) have outperformed the benchmark S&P BSE Sensex

HDFC Bank shares fall post Q3 as moderating loan, deposit growth weighs

Analysts expect HDFC Bank's stock to perform gradually until the margin profile revives, and the merger-related overhang eases

No word from RBI yet on regulatory leeway for HDFC twins' merger

HDFC Bank let go of Rs 40,000 cr loans as pricing didn't match bond mkt rates

Sensex sinks 637pts, gives up 61K, Nifty near 18K; Realty, Metals top drags

CLOSING BELL: TCS, Maruti, Divis's Labs, HDFC Life and Dr Reddy's were among the handful of stocks that held minor gains

Stocks to Watch: HDFC, IndusInd Bank, PVR, Orient Cement, RIL, IT, FMCG

Stocks to watch today: In a relief to multiplexes, the Supreme Court on Tuesday said that theatre owners had the right to prohibit outside food and beverages on their premises

BS BFSI Insight Summit 2022: NBFC bigshots to speak on prospects ahead

From Ramesh Iyer, VC & MD at Mahindra Financial Services to Rakesh Singh, MD & CEO at Aditya Birla Finance, here is the list of panelists from NBFCs

HDFC raises home loan rates by 35 bps, effective from December 20

With this rate hike, HDFC has now passed on the entire rate hike done by the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to the borrowers

Top Headlines: Tax-free slab to Rs 5 lakh, basic Customs duty cut, and more

Business Standard brings you the top headlines at this hour

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

Domestic deals to fuel M&As in the new year as global slowdown looms

Promoter abrdn Investment to sell entire 10.2% stake in HDFC AMC

After the stake sale, abrdn will cease to be a co-sponsor of HDFC Mutual Fund; it had divested 5.58% in HDFC AMC for over Rs 2,300 cr in August

HDFC twins may merge by April next year, says Chairman Deepak Parekh

Parekh said the voting process of shareholders on the proposed merger has received "fair amount of votes" from shareholders already

HDFC to benefit from NSE tweak in index composition rule on mergers

Under new framework, in the event of a merger, target company will be deleted from index a day prior to ex-date, weight of acquirer (if part of the same index) will be increased the same day

HDFC Capital concludes 2nd H@ART summit; commits investments to 15 startups

The HDFC Capital through its H@ART platform has committed to more than 15 investments in Indian prop-tech startups and has already invested in companies like Loyalie and HomeExchange

Stocks to Watch: Bikaji Foods, Medanta, Paytm, NDTV, HDFC, SBI, Tata Motors

Stocks to Watch Today: Bikai Foods, Global Health (Medanta) set for market debut today. Meanwhile, in the F&O segment, BHEL, Delta Corp, GNFC, PNB and Sun TV were in F&O ban period on Wednesday.