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.
Sun, Nov 05, 2023
The market valuation of Reliance Industries jumped Rs 36,399.36 crore to Rs 15,68,995.24 crore.
Sun, Jul 09, 2023
In its draft red herring prospectus (DRHP) dated July 7, the depository said the IPO will see sales of 57.3 million shares by its six shareholders.
Thu, Jul 06, 2023
HDFC Bank is the fourth largest bank in the world
How much will the merger benefit the shareholders?
Why HDFC-HDFC Bank merger happened?
Watch Anil Singhvi's EXCLUSIVE interview with Keki Mistry, Non-Executive Director, HDFC Bank
SBI Card, HDFC Bank, ICICI Bank, Bajaj Finance and other stocks from the banking and financial services basket staged mixed moves on Thursday, a day after the RBI asked banks and non-banking financial companies to issue credit, debit and prepaid cards on multiple networks to give customers the freedom to choose.
Wed, Jul 05, 2023
Private sector lender HDFC Bank on Wednesday said it has registered a 15.8 per cent rise in loans to Rs 16,15,500 crore in the first quarter of current fiscal year. The credit book was Rs 13,95,000 crore as of June 30 last year.
IDFC First Bank recovered much of its previous day's loss on Wednesday and IDFC continued to rise after the companies announced a merger between them.
Tue, Jul 04, 2023
The $64 billion merger between HDFC and HDFC Bank has garnered attention not for the high compensation offered to financial advisors, but for the remarkably low fee they received. About 18 advisors shared a compensation pool of just over $1 million, equivalent to a fee of 0.0002 per cent of the total merger deal.
As part of the proposed IDFC-IDFC First Bank merger, investors will get 155 IDFC First Bank shares for every 100 shares held in IDFC, according to a regulatory filing. Analysts say the share-swap ratio, proposed under the merger, is likely to be beneficial for IDFC Ltd shareholders.
Mon, Jul 03, 2023
Deepak Parekh, the chairman of Housing Development Finance Corporation (HDFC), has announced his retirement after over 45 years with the company. Under Parekh's leadership, HDFC transformed into India's largest financial services conglomerate, excelling in home loans and expanding into various sectors.
Sat, Jul 01, 2023
A day after HDFC Ltd and HDFC Bank cleared the proposal for their amalgamation on Friday, Housing Development Finance Corporation (HDFC) Ltd. completed its merger with its subsidiary HDFC Bank today (July 1).
Thu, Jun 29, 2023
HDFC-HDFC Bank: In the past two trading sessions, both HDFC and HDFC Bank’s shares have risen over 2 per cent each.
Tue, Jun 27, 2023
HDFC and HDFC Bank merger to be effective from July 1, board meeting regarding this will be held on June 30.
Fri, Jun 09, 2023
The pace of growth in home loans will broadly mirror growth seen in HDFC's home loan portfolio, the first official said, declining to be identified as strategy discussions are not public.
Wed, Jun 07, 2023
The RBI is widely expected to leave the repo rate – the key interest rate at which it lends money to commercial banks like HDFC Bank – unchanged at 6.5 per cent.
Tue, Jun 06, 2023
State-owned Small Industries Development Bank of India (SIDBI) has entered into a Memorandum of Understanding (MoU) with HDFC Bank for providing financial solutions to MSMEs.
Sat, Jun 03, 2023
While the returns on other investment options are subject to market risks, FDs come as a secure financial instrument.
Fri, Jun 02, 2023
Market wizard Anil Singhvi remains bullish on HDFC Bank for the long term, a stock he believes can deliver a double return than fixed deposits. Here's why he likes this Nifty Bank stock.
Wed, May 31, 2023
HDFC Life Insurance shares rose on Wednesday after UK-based ABRDN — formerly known as Standard Life Aberdeen — sold its entire stake of 1.66 per cent in the Mumbai-based life insurer through block deals.
Tue, May 30, 2023
The bank clarified in a statement that HDFC Bank Senior Citizen Care FD Scheme will be available and valid for subscription on July 7, 2023.
Thu, May 18, 2023
RBI approves SBI Funds Management's acquisition of 9.99% stake in HDFC Bank. Watch the video to find out how this strategic move will benefit HDFC Bank, expand its housing loan portfolio, and attract a larger customer base.
Wed, May 17, 2023
HDFC Bank said in an exchange filing that the approval has been granted with reference to the application made by SBIFML to the RBI.
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