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Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
HDFC Bank Q2 profit soars 5% to ₹16,821 crore
Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…
PTI
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
HDFC Bank shares decline over 1%, market cap erodes ₹14,434 crore
On the NSE, shares of the company went lower by 1.10 per cent to settle at Rs 1,514.35, paring …
PTI
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
Status quo: Markets trade flat after RBI MPC leaves repo rate unchanged at 6.5%
RBI MPC keeps repo rate at 6.5%. Governor optimistic about inflation and GDP growth. Nifty gainers:…
Banks continue to spook markets after HDFC Bank’s LDR shock in Q3
HDFC Bank opened 2.5% lower on Thursday, after a sharp 9% plunge on Wednesday as its third quarter …
HDFC Bank records 15.8% loan growth, 20% rise in advances in Q1 FY24
Private sector lender HDFC Bank said loans grew 15.8% to ₹ 16,15,500 crore in the first quarter of …
PTI
Outlook for bank credit offtake remains positive in 2024: CareEdge Ratings
Outlook for bank credit offtake remains positive in 2024 while deposit growth is expected to improv…
PTI
Stock market closing: Sensex dips 280 points to close in red, Nifty closes 0.27% down
HDFC Life (up by 4.36%), Tech Mahindra (up by 3.12%), BPCL (up by 2.91%), NTPC (up by 2.67%) and Ta…
Exposure to India's infra sector helps LIC, SBI outshine peers
Global majors, including Warren Buffet-owned Berkshire Hathaway, have been successful due to their …
PTI
Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends
HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…
HDFC Bank gains 1.5% after LIC gets nod to raise stake
HDFC Bank opened in the green on Monday morning, after LIC received a nod from the government to ra…
You can take a loan to fund your summer sojourn in Europe, but it pays to be careful
A trip to Europe may be on the bucket list for many people, but it can burn a hole in your pocket. …
Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy
Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …
Return ratios now even more starkly in favour of ICICI Bank compared to HDFC Bank
Shares of HDFC Bank have corrected from ₹1,661 on September 15 to ₹1,537 per share after the bank b…
Nifty, Sensex trade flat dragged by financial stocks
Equity benchmark indices, the Nifty and the Sensex declined in early trade on Friday but recovered …
Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs
Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…
HDFC-HDFC Bank merger gets NCLT clearance
The National Company Law Tribunal (NCLT) on Friday approved the merger of HDFC and HDFC Bank. This …