Page 29 - Hdfc

HDFC Bank's new mobile app malfunction unfixed for over 6 days: Users

Currently, there is no mobile application available to HDFC bank customers and the bank has not uploaded the older version of the app till the new version is fixed

HDFC raises Rs 5 billion by issuing masala bonds; stock up by 0.57%

It will offer a coupon of 8.75 per cent per annum payable semi-annually for tenor of 5 years and one day

HDFC disburses Rs 11 billion subsidy to 51,000 home buyers under PMAY

The company on an average has been approving 8,300 loans on a monthly basis to the EWS and LIG segment, with monthly such average approvals at approximately Rs 13.54 billion

HDFC: Q2 operationally in line, one-off gains offset by credit loss

While expected credit loss was due to IL&FS, the company created additional buffer out of exceptional income

The brouhaha over the HDFC vote

If we want more nuanced shareholder voting, we need to ensure that pools of capital and their managers reside in India. This alone will ensure a win for Indian industry

Sukthankar's exit not linked to search for my successor: Aditya Puri

Sukthankar was considered the most likely successor to HDFC Bank Managing Director Aditya Puri, who retires in October 2020

Lessons from HDFC

Widely-held shareholding is not the ideal solution

HDFC raises lending rate by 20 bps following Reserve Bank rate hike

For women borrowers, loans up to Rs 3 mn will be available at 8.70% and above Rs 3 million at 8.8%

HDFC trades lower for fourth straight day

In past four trading sessions, the stock of the country's largest mortgage lender has fallen 5% as compared to 0.36% decline in the S&P BSE Sensex.

HDFC Q1 net profit jumps 53.7%: Surge in NPA ratio not worrisome

HDFC reported good operational performance for Q1, with assets under management growing 18 per cent year-on-year

HDFC Q1 net up 54% to Rs 21.90 bn, gets nod for $1.5 bn external borrowings

Its loan book grew by 18.5 per cent at Rs 3.71 trillion at end of June 2018 as against Rs 3.13 trillion a year ago

Road to succession to be a smooth affair: HDFC chairman Deepak Parekh

Ensuring 'frictionless transition' top priority; boards will need 18-24 months to evaluate options, says HDFC group chairman

Succession planning in HDFC and its group firms a key agenda: Deepak Parekh

Parekh said it is important to reiterate to all the shareholders that succession planning both, within HDFC and its group companies is a key agenda on each of the respective boards

HDFC Bank MD's remuneration declines to Rs 9.65cr in 2017-18

The remuneration drawn by Puri and bank employees, in terms of ratio, stood at 209:1 meaning he took home 209 times more than the median employees' remuneration for the year

HDFC 5th biggest consumer financial services company globally: Forbes

In the consumer financial services category, HDFC's rank has moved up from 7th place last year

HDFC realty acquires stake in HomeKraft; to develop mid-income projects

The investment by HDFC Capital Affordable Real Estate Fund in HomeKraft is one of the rare entity level equity investments in the real estate sector

Fund Analysis: HDFC High Interest S/T Fund

Business Standard looks at the fund and its features

Former Sebi chairman U K Sinha, Asian Paints' Jalaj Dani join HDFC board

The board also re-appointed Keki M Mistry as the MD of the company for three years

HDFC: Rise in individual loans with focus on affordable housing is key

HDFC's full year's profit, which surged 63 per cent, was boosted by a one-time income of Rs 52.6 billion by selling stake in subsidiaries and IPO of its life insurance arm

HDFC valuations indicate upside for stock: Listing of biz units is positive

While investor sentiment is down on public sector banks (PSBs) and some private corporate lenders, there are others which are expected to continue creating value for its shareholders. Housing Development Finance Corporation (HDFC) is one such.The HDFC stock has gained about 30 per cent over the past year as compared to PSBs on the Nifty, down 13.5 per cent; private corporate lenders have gained 15.3 per cent. After reporting a strong set of numbers in October-December 2017 (Q3, see table), a sum-of-the-parts (SOTP) valuation of the company looks attractive.SOTP valuations take into account those of all other business units or subsidiaries or associates of a parent company, in proportion to the stake. Apart from positive business potential, recent developments make the case stronger for a higher valuation of the consolidated entity.First, the company raised equity capital of around ~130 billion, through QIP (qualified institutional placement) and preferential allotment, in the ...