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2 mins read
Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
1 min read
Merger of HDFC with HDFC Bank effective from July 1: Deepak Parekh
The merger of housing finance major HDFC with the country's largest private lender HDFC Bank will b…
PTI
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…
2 mins read
Debt, equity holders approve merger of IDFC with IDFC First Bank
The board of the bank presented the result of voting on the proposal for amalgamation before the…
PTI
2 mins read
HDFC-HDFC Bank merger gets NCLT clearance
The National Company Law Tribunal (NCLT) on Friday approved the merger of HDFC and HDFC Bank. This …
3 mins read
HDFC-HDFC Bank merger to bring foreign inflows of up to $3 billion
India’s largest private-sector lender HDFC Bank and largest housing finance company HDFC are all se…
2 mins read
RBI refuses exceptions on CRR, SLR; gives some leeway on PSL, investments for merger: HDFC Bank
The Reserve Bank of India (RBI) has refused to grant any exceptions on cash reserve ratio (CRR) and…
PTI
1 min read
HDFC raises Rs 25,000 crore via India's largest privately placed corporate bond issue
Housing Development Finance Corp raised its target of Rs 25,000 crore on Thursday, in what is the c…
ANI
1 min read
HDFC Bank is 7th largest lender post merger: Here is a list of the world’s top 10 banks
HDFC Bank has become the seventh largest bank in the world by market value after its merger. In thi…
1 min read
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
2 mins read
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 …
3 mins read
HDFC Bank Q3 consol net profit grows 2.6% sequentially to over ₹ 17,000 crore
HDFC Bank’s third quarter consolidated net profit went up 2.6% sequentially to ₹17,257 crore from ₹…
2 mins read
RBI approves IDFC-IDFC First Bank merger
Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidi…
PTI
3 mins read
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…
2 mins read
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…
5 mins read
HDFC Bank-HDFC merger news makes shareholders richer by over ₹1 lakh crore
There’s delight all around for the shareholders of HDFC group companies – for the past year or s…
3 mins read
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…
3 mins read
Analysts suggest buying HDFC Bank shares on every dip as merger to strengthen housing loan portfolio
Today, two of India’s largest companies are merging to create a strong entity that will be a game c…
6 mins read
HDFC twins wipe out ₹2.5 lakh crore investor wealth, push HDFC out of top 10 largest companies in India
HDFC and HDFC Bank, two pillars of India’s financial sector have seen a meltdown unlike anything be…
3 mins read
After HDFC twin merger, L&T might merge Mindtree and LTI to create a $22 billion IT company, says a new report
After the merger of HDFC Bank and HDFC, the street might witness another merger of two major compan…