HDFC Ltd said individuals can earn interest at 6.55 per cent on their deposits, whose period can range from 3-10 years
HDFC Bank, IndusInd Bank and AU Small Finance Bank to see highest inflows due to increase in weightage; SBI, ICICI Bank and Kotak Mahindra Bank may see highest outflows
Renewed optimism around the domestic economic outlook, following an improvement in high-frequency indicators underpinned more than 3 per cent jump this week, so far
The funding advantage and adequate capital will aid growth and earnings while healthy provision buffer and improvement in collection will aid asset quality, analysts said
Growth trends still strong; it is well-capitalised, provision coverage is high
Company says said the profit numbers for Q1Fy22 are comparable with that of the previous year for reasons including higher effective tax rate.
In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade
The number missed Street expectation, which had estimated up to 9 per cent YoY rise in PAT
Hindalco Industries is planning to invest around Rs 8,000-10,000 crore in Hirakud, Silvassa and Mundra plants
The country's largest mortgage lender HDFC Ltd on Wednesday said it has enhanced its existing limit to raise capital through medium-term notes to up to USD 2.8 billion (about Rs 20,875.65 crore).
Green housing is regarded as a luxury market in the country, but has climate benefits. IFC said its partnership with HDFC would help change perceptions about the market.
Weak credit growth, however, remains the key laggard
Many shareholders will be on the lookout for indications that private lenders have enhanced already stronger buffers to give them more wiggle room to step up lending in an eventual recovery
JK Tyre & Industries, on Wednesday, said it has widened its original equipment manufacturer (OEM) supply to Hyundai Motor India
The National Housing Bank has imposed a monetary penalty on HDFC of Rs 4.75 lakh for non-compliance with certain provisions
A surging rupee, which snapped its four-day losing streak, also boosted the bulls, traders said
Commercial vehicle major Ashok Leyland on Friday said it has appointed former Aston Martin chief Andy Palmer as Executive Vice Chairman and CEO of its electric vehicle arm Switch Mobility
The major players all seem confident of fast revival in demand once conditions normalise
SBI Life Insurance, HDFC and HDFC Bank attracted maximum inflows from mutual funds
The 30-share BSE Sensex slipped 52.94 points or 0.10 per cent to 52,275.57. The broader NSE Nifty declined 11.55 points or 0.07 per cent to 15,740.10