Page 30 - Hdfc

HDFC raises Rs 18.94 billion via share sale to global investors

The board has approved and declared closure of the qualified institutional placement (QIP) issue today, HDFC said in a filing to stock exchanges

HDFC disburses Rs 28-bn loans to 14k home buyers under urban housing scheme

The Modi government had launched the housing for all by 2022 in June 2015 and the disbursement is from that period

HDFC net profit jumps 233% in in Oct-Dec quarter to Rs 56.70 billion

HDFC also announced that it had received an approval for the issuance of non-convertible debentures worth Rs 350 billion

HDFC hits new high post Q3 results

Thus far in the month of January 2018, the stock rallied 15% as compared to 6.5% rise in the S&P BSE Sensex.

HDFC m-cap crosses Rs 3 trn for first time on Rs 130-bn fundraising plan

Shares of HDFC gained 6% to an all-time high of Rs 1,870

HDFC surpasses Maruti Suzuki, Hindustan Unilever in m-cap ranking

With an m-cap of Rs 2,987 billion, HDFC now features at fifth rank in the list by replacing fast moving consumer goods company Hindustan Unilever from this prestigious club.

HDFC hits record high as board approves Rs 130 billion fund raising plan

The stock hit lifetime high of Rs 1,832, up 4% on BSE after its board approved fund raising worth Rs 130 billion through a combination of a preferential allotment and QIP.

HDFC to raise up to Rs 130 billion through preference shares, QIP

This will be the first equity raising by the country's largest pure-play mortgage lender in over a decade

HDFC raises Rs 111 billion from marquee investors

The company said the primary objective of the fundraising exercise is to participate in the preferential issue of HDFC Bank Ltd up to Rs 85 billion.

HDFC trades firm ahead of committee meeting for fund raising

The stock was trading 1% higher at Rs 1,756 on BSE ahead of committee meeting on January 13, 2018 to consider fund raising plans.

Subsidiaries now matter more for HDFC

Core business, performance of subsidiaries and capital deployment will be closely monitored in 2018

Q2 and Q3 will be bumper quarters for GDP: HDFC Chairman Deepak Parekh

Said life insurance is under-penetrated in the country and its future is good

HDFC Bank among RBI list of 'too big to fail' lenders along with SBI, ICICI

India's largest lender SBI and private sector major ICICI Bank were classified as D-SIBs in 2015

HDFC Ergo-HDFC GI merger could face a few questions in post-GAAR era

There is no doubt the deal is value positive for existing shareholders

'Loan waiver, mounting NPAs may force banks to stop lending to agri sector'

Waivers may impact supply of credit as lending to agri sector could dry up, say HDFC's economist

HDFC, YES Bank, HDFC Bank, Maruti Suzuki, Eicher Motors hit new highs

IndusInd Bank, Bajaj Finance, Godrej Consumer and L&T Finance from Nifty500 index also hit new highs

Have Rs 900-cr exposure to RBI-referred NCLT account, says HDFC

However, it said the account to which it has the exposure was not a NPA as of March 31, 2017

HDFC to list subsidiaries at opportune time, says chairman Deepak Parekh

HDFC has various subsidiaries which can be listed

HDFC among top 10 consumer financial services companies globally

American Express topped the list, followed by Capital One Financial and Visa in second, third place

HDFC Q4 net profit dips 22% to Rs 2,044 crore

Total income (standalone) for reported quarter also fell to Rs 8,514.51 cr as against Rs 9,225.72 cr