Says India could double the size of home loan business to $600 billion in 5 years
The board of directors of HDFC and HDFC Bank on April 4 had approved the plan for an all-stock deal merger
CEO Jagdishan tells analysts merger with HDFC gives the lender the opportunity to double balance sheet every five years
Third hike by HDFC in a month, ICICI increase steepest at 30 basis points
As of December 2021, a little over 39% of banking system loans are linked to the external benchmark, shows RBI data
The Bajaj and HDFC twins can rally up to 8 per cent provided the stocks manage to sustain above the following key technical levels on the daily and weekly charts.
The market valuation of HDFC Bank jumped Rs 39,358.5 crore to reach Rs 7,72,514.65 crore
The same number had stood at $12.91 billion in the year-ago period and $8.7 billion in 2020, the report by Grant Thornton Bharat said
If FPI holdings decline further in the two firms, it could lead to good buying opportunities: Analysts.
Here is the Best of BS Opinion for Monday
There won't be instant gratification for investors but the move will catapult the bank into the big league
FPIs have sold shares worth Rs 1.6 trn in domestic equities market so far this year. Historically, foreign investors have had high exposure to both HDFC Bank and HDFC
Slower-than-expected credit growth amid weakening macros due to the Ukraine-Russia conflict; further softness in margins due to slower retail credit growth are key risks according to analysts
Xanadu Realty Ltd, a realty tech business accelerator firm, on Tuesday announced that it has received a strategic investment from HDFC Ltd and HDFC Life Insurance Co. Ltd.
The market valuation of Reliance Industries tumbled Rs 1,30,627.7 crore to reach Rs 16,42,568.98 crore.
Meanwhile, the mega LIC IPO was off to a steady start, with policyholder and employee segment receiving strong response on Day 1 of the offer period.
Net interest income of the lender increased by 14 per cent to Rs 4,601 crore in Q4FY22, aided by higher loan growth
After plunging over 600 points in intraday trade, the 30-share BSE Sensex recouped most losses to end 84.88 points or 0.15 per cent lower at 56,975.99
LIC got off to a good start with the $732 million of shares reserved for anchor investors oversubscribed. While HDFC Ltd reported a 16% net profit in 4th quarter. Read more on these our top headlines
CLOSING BELL: IndusInd Bank, NTPC, Tata Steel, HDFC, PowerGrid, and ITC were the major gainers