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NCLAT rejects HDFC's plea seeking insolvency against RHC Holding

The appellate tribunal said it found "no merits" in HDFC's petition and said that non-bank financial lenders come under the purview of the Reserve Bank of India

Seven of top-10 firms add Rs 53,732 cr in m-cap; HDFC biggest gainer

In the ranking of top-10 firms, TCS was placed at the number one position, followed by RIL

HDFC moves NCLT to keep mortgaged Jet Airways HQ out of bankruptcy process

The consortium of 26 bankers led by State Bank took the grounded Jet Airways to NCLT to recover their dues of over Rs 8,500 crore

Conservative values helped HDFC face headwinds in FY19: Deepak Parekh

The latter half of FY19 was challenging for several sectors across the Indian economy as liquidity tightened, aversion to risk increased and consumption slowed

HDFC Ergo-Apollo Munich merger won't hurt existing policy contract

In future, there would be review and rationalisation of products and their features

HDFC stock sees first downgrade by analysts since liquidity crunch

Nomura, on Tuesday, cut its recommendation from 'Buy' to 'Neutral' citing fair valuations

HDFC disburses more than Rs 2,300 crore as subsidy under PMAY scheme

The country's largest mortgage lender HDFC Ltd Wednesday said it has disbursed subsidy of more than Rs 2,300 crore under the government's flagship housing scheme PMAY, benefiting over one lakh first time home buyers. The company has disbursed subsidy amounting to over Rs 2,300 crore benefitting over 1,04,000 families under the Pradhan Mantri Awas Yojana (PMAY) credit linked subsidy scheme (CLSS), HDFC said in a statement. The company has approved Rs 22,136 crore of home loans under CLSS to homebuyers belonging to the economically weaker section (EWS), low income group (LIG) and middle income groups (MIG), HDFC said. The mortgage lender has partnered with Ministry of Housing & Urban Affairs and the National Housing Bank (NHB) to work towards the government's goal of 'Affordable Housing for All'. "The government's PMAY scheme is a growth accelerator programme that aims to provide affordable housing to people in the country. The thrust on housing is a recognition that a rapidly ...

HDFC Q4 profit rises 27% to Rs 2,862 cr, asset quality improves marginally

The net interest income of the mortgage lender for the quarter stood at Rs 3,161 crore against Rs 2,650 crore in Q4FY18

Despite few misses, loan book growth helps HDFC ride through a tough year

Profitability and asset quality passed the test of difficult operating conditions; loan growth remains key to buck the trend

HDFC Q4 profit jumps 27% to Rs 2,862 cr; interest income rises 19%

The board has proposed a final dividend of Rs 17.50 per share and the proposed final dividend is in addition to the interim dividend of Rs 3.50 per share declared earlier

HDFC Bank m-cap tops Rs 6-trillion as shares rise for 5th straight session

At closing price of Rs 2,226, the lender was valued at Rs 605,933 crore

HDFC's loan exposure to wholesale, developer segments may impact its stock

Since the beginning of this year, the housing finance firm's stock lost 6% against the 4% gain in Sensex

HDFC Life OFS retail investor portion garners 84% subscription

Retail investors bid for 8.4 million shares as against 10 million on offer, data from the exchanges showed

No cause for concern despite HDFC's below-par show; stock falls 1.5%

Housing loan demand remains strong, asset quality under control with healthy provisioning in place

HDFC Bank Q3 net profit rises 20% to Rs 5,586 crore

The bank had posted a net profit of Rs 4,642.6 crore in the October-December quarter of the last fiscal

HDFC to consider raising Rs 45,000 crore via issuance of NCDs on Jan 29

The company's Board will consider the issuance of NCDs on private placement basis in a meeting on January 29

Master of finance

Besides building the HDFC group into a formidable financial powerhouse, Deepak Parekh is also the key person that government and business leaders go to for advice

Dampener for home loan borrowers: HDFC hikes lending rates by 0.10%

The move comes amid a system-wide hike in lending rates due to tight liquidity

HDFC twins, ICICI Bank, L&T among 26 stocks near record highs

Avenue Supermarts, which owns and operates D-Mart supermarket chain, Nestle India, Bata India and Colgate-Palmolive (India) hit new highs on Wednesday.

NCLT dismisses HDFC Ltd's insolvency petition against RHC Holding

RHC Holding had contended in this matter that it is a non-banking finance company and thus it could not be brought under IBC code