Wed, Nov 29, 2023
The risk for investors lies in the rich valuations of these banks. HDFC and ICICI trade at a price-to-book (P/B) ratio, a metric that compares stock price with underlying assets, of 3, while Axis trades at 2.3 and BCA at 5.
Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
Sun, Nov 12, 2023
ICICI Bank added Rs 3,520.92 crore taking its market valuation to Rs 6,57,563.38 crore.
Tue, Nov 24, 2020
The markets closed higher as signs of progress on the Covid19 vaccine will be available soon. The Sensex surged by 1.01% or 446 points to 44523. The Nifty rose by 1% or 128.70 points to 13055. The Nifty closed above 13,000 for the first time ever. Adding further the gains were also mainly led by banking and financial stocks.
Mon, Nov 23, 2020
RBI is the final deciding authority. A corporate house like Larsen & Toubro was not given a banking license by RBI. While Uday Kotak has been allowed to hold a 26% stake in Kotak Mahindra Bank, the promoter Hindujas’ plea for raising its stake in IndusInd Bank (applied in March 2020) has yet to be decided by RBI.
Wed, Nov 18, 2020
Steady NII growth and controlled opex drive earnings Q2 FY21 has been an exciting quarter for the sector. The asset quality outlook appears to be better than was initially feared as collection efficiency improved sharply in Q2 and most banks guided for low restructuring levels. Motilal Oswal also saw an uptick in NII growth, aided by improved cost of funds and recovery in retail disbursements, with certain segments reaching pre-COVID levels.
Tue, Nov 17, 2020
HDFC Bank Ltd. has announced the launch of “Mooh Band Rakho,” a campaign to increase awareness on cyber frauds and preventing them. The Bank will be conducting 1,000 workshops in the next 4 months across the country.
HDFC Bank says customers should not share card details, CVV, Expiry Date, OTP NetBanking/ MobileBanking Login ID and Password over Phone, SMS, email and social media can help general public keep their money safe. This campaign will talk about this and more.
Sat, Nov 14, 2020
HDFC Bank launches Merchant solution, ICICI Bank’s retail home loan portfolio crosses Rs 2 tn, LIC Housing Finance reported profit of Rs 8 bn, up 2% YoY, a tad ahead of estimate led by lower provision and Indiabulls Housing Finance consolidated Q2 FY21 Net Profit declined 54% YoY to Rs 3.2 bn.
Thu, Nov 12, 2020
The mutual positive ideas emerging from our technical and fundamental analysis are ICICI Bank, Axis Bank, HDFC Bank, Dr Reddy’s, Infosys and HCL Tech. Our fundamental view argues for a rotation into Covid-impacted sectors as economic normalisation gathers pace through 2021 and CLSA see laggards from domestic economy sectors such as banking as the chief beneficiaries of such a move.
Mon, Nov 02, 2020
Aditya Puri will be guiding global Carlyle on investment opportunities across Asia as a senior advisor, the global private equity major said on Monday. The announcement has come within a week of Puri's retirement from HDFC Bank as the chief executive and managing director. Puri is widely credited for building HDFC Bank from scratch and making it the largest in the private sector space and the most valuable one.
Fri, Oct 30, 2020
The drive that began in October will remain in force the entire festival season and cover more than 7 lakh traders and merchants of HDFC Bank across India
Wed, Oct 28, 2020
Bank Nifty was down by almost 2.4 per cent on Wednesday around 1:05 pm, trading at 24,175.80 with all heavyweights including HDFC Bank, ICICI Bank, Axis Bank and SBI trading in the negative territory. What should the investors do? Expert Nilesh Jain of Anand Rathi Securities has some useful suggestions. Know what he recommends!
HDFC Bank is the largest private bank, with a market leadership position across various retail products (Vehicle, Personal Loans, Credit Cards, etc.).
Tue, Oct 27, 2020
HDFC Bank bucked the trend and registered robust growth and control on NPAs.
Fri, Oct 23, 2020
HDFC Bank provides a number of products and services including wholesale Banking, retail banking, treasury, auto loans, two-wheeler loans, personal loans, loans against property, consumer durable loan, lifestyle loan and credit cards.
40000 accounts will be shifted from Axis Bank to HDFC Bank. This will be an Agreement of 3 years between Mumbai Police and HDFC Bank.
Jefferies has put SBI, HDFC Bank, ICICI Bank and Axis Bank share prices under focus and has come out with its take on Indian Financials.
Mon, Oct 19, 2020
HDFC Bank share price outlook: HDFC Bank shares today ended the day at Rs 1202.35 on the NSE, up by almost 0.3 per cent. The medium term trend of this counter looks positive, Technical Analyst Nilesh Jain of Anand Rathi says
HDFC Bank results have been strong on the Asset Quality front.
Sat, Oct 17, 2020
HDFC Bank Q2 2020 result: India’s largest private lender HDFC Bank on Saturday declared its second quarter results for 2020. As per the exchange filing by the bank, its consolidated net profit has increased by 16 per cent to Rs 7,703 crore in September quarter.
Fri, Oct 16, 2020
On the last day of the trading week, Markets closed strong after a flat opening. Sensex closed up 254 points at 39983 while Nifty closed up 82 points at 11762. Market expert, Sumeet Bagadia, Executive Director at Choice Broking shares his view on Nifty and Bank Nifty.
In his chat with the Market Guru and Zee Business Managing Editor, analyst Vikas Sethi revealed two stocks today.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.