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4 mins read

Stock markets in free-fall: Sensex tanks 1,628 pts on sharp losses in banking, oil shares

Key stock indices suffered their worst single-day losses in percentage terms since June 13, 2…

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1 min read

New beginnings: HDFC Bank’s net profit post-merger stands at ₹16,811 crore

In its maiden earnings report since its merger with HDFC, HDFC Bank reported consolidated net reven…

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HDFC Bank closed Q1 with ₹11,951 crore net profit

Private sector HDFC Bank Ltd on Monday said it closed the first quarter of FY24 with a net profit o…

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HDFC Life Q1 2023-24 profit rises 15% to Rs 415 cr

The total premium rose 16 per cent to Rs 11,673 crore during the quarter as compared with Rs 10,…

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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   


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Best and worst performing sectoral stock market indices in 2022

In 2022, India's benchmark indices have hit new all-time highs, with six indices declining and eigh…

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2 mins read

Up, up & away: Sensex scales 65,000 mark for the first time, Nifty hovers around 19,300

The BSE Sensex breached the 65,000 mark for the first time, driven by positive global market trends…

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HDFC’s net profit grows by 19% but its non performing assets swell sequentially

HDFC Bank today reported a 19% growth in the first quarter of FY23 net profit to ₹9,169 crore, from…

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1 min read

HDFC Bank raises $750 million in dollar bond sale

The paper, rated Baa3 by Moody's Rating Services and Bbb by S&P, will be listed on the India…

PTI   


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HDFC Capital to hike stake in proptech startup Reloy by up to 2.4% from current 7.2%

HDFC Capital Advisors will increase its stake in proptech startup Loyalie IT Solutions (now renamed…

PTI   


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SBI, ICICI Bank, HDFC Bank and others hike fixed deposit interest rates – check out the latest FD interest rates

FD interest rates have been hiked by most of the banks, including SBI, ICICI Bank, HDFC Bank and ot…

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3 mins read

Time to hang my boots says Deepak Parekh in his last letter to HDFC shareholders

HDFC Chairman Deepak Parekh expressed confidence that the reverse merger between HDFC Bank and its …

PTI   


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HDFC board to consider raising funds by NCDs on Mar 27

Mortgage lender HDFC Ltd on Friday said its board would consider raising funds through non-converti…

PTI   


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HDFC Bank Q3 net at ₹12,259 cr

The bank had earned a total income of about ₹51,207 crore for the period under review up from …

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Premiums for private life insurance players go up 35% YoY in March, industry premium suffers a decline

In March, the private life insurance industry recorded a significant increase in premiums, growing …

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3 mins read

Banks to drive earnings growth in Q4 while IT services to report muted numbers

Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…

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HDFC reports 18% year-on-year rise in Q2 net profit to ₹4,454 crore

Housing Development Finance Corporation (HDFC) today reported 12.9% growth in its net interest inco…

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HDFC AMC’s Q2 profit after tax grows 6% on year to ₹364 crore

India’s third-largest mutual fund house HDFC Asset Management Company on Wednesday announced a prof…

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3 mins read

Indian banks better placed than their US peers due to attractive valuations and stickier deposits

Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, …