Sun, Dec 03, 2023
Market Capitalisation: The market valuation of Bharti Airtel rallied by Rs 23,746.04 crore to Rs 5,70,466.88 crore while TCS' mcap jumped by Rs 19,027.07 crore to reach Rs 12,84,180.67 crore.
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.
Thu, May 24, 2018
HDFC Bank has just made life simpler for those who invest in mutual funds. The private lender on Wednesday launched its Digital Loans against Mutual Funds (LAMF) scheme, in partnership with transfer agent CAMS. Customers can avail this product through the HDFC Bank website in few easy steps.
Wed, May 23, 2018
In a chat with Zee Business, Arvind Kapil, Group Head - Unsecured, Mortgages and Home Loans, HDFC Bank said, "On the equity side, up to Rs 10 lakh loan be availed, and up to 1 crore on the debt segment."
HDFC Bank launched Digital Loans against Mutual Funds (LAMF) scheme today in partnership with transfer agent CAMS. Customers can now pledge mutual fund assets online and get overdraft limit set in their account within 3 minutes, HDFC Bank said in a statement
Mon, May 14, 2018
Hyderabad and Bay Area-based start-up 3LOQ is working with a bunch of companies, mostly bankers, to implement AI to complete habitual tasks. The company was started by Anirudh Shah and Sunil Motaparti, who met in 1999 at Carnegie Mellon University, Pennsylvania.
Sun, May 13, 2018
HDFC Bank says, “Let your mother feel on top of the world this Mother’s Day with special offers on brands she’ll love. Avail EASYEMI options, discounts and CashBacks on a range of products.”
Tata Consultancy Services (TCS) was the only one to see erosion from its m-cap, while the rest nine companies, including HDFC Bank, ITC, Hindustan Unilever Ltd (HUL) and HDFC registered gains. Over the last week, the m -cap of Reliance Industries Ltd (RIL) soared Rs 21,920.73 crore to Rs 6,26,261.50 crore
Mon, Apr 30, 2018
Bandhan Bank has decided to end its aggressive network expansion after becoming the third-largest private sector lender after HDFC Bank and ICICI Bank in terms of the number of branches.
Thu, Apr 26, 2018
"We are glad to inform you that the Fixed Deposit interest rate for deposits of more than or equal to Rs 1 crore has been increased to 7.25% from 7.10% earlier, for a tenure of 1 year 5 days to 3 years. This is effective from April 25-April 27, 2018.” the bank told customers in an email.
Tue, Apr 24, 2018
The stock market opened higher on Tuesday tracking Asian markets which slipped and the US dollar advanced as a deluge of US government debt this week and the specter of inflation and a higher fiscal deficit drove US borrowing costs near four-year highs.
Mon, Apr 23, 2018
HDFC Bank posted net profit of Rs 4,799.28 crore in fourth quarter ended March 2018, witnessing growth by 20.27% compared to net profit of Rs 3,990.09 crore in the corresponding period of the previous year.
Sun, Apr 22, 2018
While Tata Consultancy Services (TCS), HDFC Bank, ITC, HUL, Infosys and Kotak Mahindra Bank were on the biggest gainers, Reliance Industries (RIL), HDFC, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap). The m -cap of IT major TCS soared Rs 48,890.9 crore to Rs 6,52,082.92 crore, becoming the biggest gainer among the 10 most-valued firms
Sat, Apr 21, 2018
A Bloomberg poll of analysts expected HDFC Bank's PAT to be around Rs 4,860 crore in Q4FY18.
The bank posted net profit of Rs 4,799.28 crore in Q4FY18, witnessing growth by 20.27% compared to net profit of Rs 3,990.09 crore in the corresponding period of the previous year.
HDFC Bank Q4 results 2018: This private sector lender posted net profit of Rs 4,799.28 crore in Q4FY18, witnessing growth by 20.27% compared to net profit of Rs 3,990.09 crore in the corresponding period of the previous year.
Sun, Apr 01, 2018
Barring Reliance Industries Ltd (RIL), ITC and Infosys, rest seven blue-chip companies saw addition in their market capitalisation (m-cap) for the week ended Wednesday. Stock markets were closed on Thursday and Friday for Mahavir Jayanti and Good Friday, respectively. HDFC Bank's valuation jumped Rs 13,700.11 crore to Rs 4,90,848.35 crore and that of SBI soared Rs 13,379.69 crore to Rs 2,15,887.67 crore
Thu, Mar 29, 2018
Punjab National Bank (PNB) had reported the highest amount of frauds at Rs 2,810 crore in the last financial year, followed by Bank of India at Rs 2,770 crore, State Bank of India at Rs 2,420 crore and Bank of Maharashtra at Rs 2,041 crore. The report comes amid a string of banking frauds recently, including the Rs 13,000-crore PNB scam involving billionaire jeweller Nirav Modi and his uncle Mehul Choksi.
Sun, Mar 18, 2018
The market valuation of RIL dropped Rs 7,316.53 crore to Rs 5,70,435.32 crore and that of Oil & Natural Gas Corporation (ONGC) plunged Rs 2,887.48 crore to Rs 2,27,661.59 crore. HDFC's valuation dipped Rs 989.2 crore to Rs 2,99,893.64 crore and that of State Bank of India (SBI) fell by Rs 474.76 crore to Rs 2,18,045.68 crore
Wed, Mar 14, 2018
HDFC Bank credit cards banned for Bitcoin purchases: Global banking giants are already moving fast to secure competitive advantage in this space. In February, a Goldman Sachs backed start-up, Circle, acquired Poloniex, a digital token exchange, for $400 million. JP Morgan has created Quorum, an enterprise focused version of Ethereum.
Sat, Mar 10, 2018
Home-grown mobile wallet company Paytm's Vijay Shekhar Sharma has termed Facebook, which owns Whatsapp, an "evil" company following the launch of payments app
Car, personal and home loans: Those who took car, personal, home loans are set to feel the pinch as their EMIs are going to rise
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