HDFC Bank Archives

HDFC Bank declares 1550% dividend for shareholders

HDFC Bank on Saturday declared a 1550 per cent or 15.50 per share dividend to its shareholders for the financial year 2021-22. The board at its meeting has recommended a dividend of Rs 15.50 per equity share of Re 1 (1550 per cent) out of the net profits for the year ended March 31, 2022, …

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April 23, 2022
220
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HDFC Bank share price tanks nearly 10% in 5 days; should you buy, sell or hold the stock?

HDFC Bank share price fell more than 3 per cent to Rs 1,348.05 apiece on BSE in Tuesday’s trade. The stock has declined over 15 per cent in the last 9 days, and nearly 10 per cent in 5 days. In comparison, S&P BSE Sensex lost 3 per cent in the last five days. Analysts …

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HDFC HDFC Bank Markets

April 19, 2022
237
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Shift to safer assets hits margins and income in Q4: HDFC Bank

A pandemic-era shift to safer and better-rated assets resulted in a hit to margins and interest income in Q4FY22, HDFC Bank told investors. Supply chain issues in the vehicle segment and slower growth in credit card loans have resulted in a muted trend in retail loan growth, the bank’s management said. HDFC Bank’s Q4 core …

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Banking & Finance HDFC Bank Industry

April 18, 2022
247
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HDFC Bank Q4 net profit rises 23% to Rs 10,055 crore

HDFC Bank on Saturday reported a 22.8% year-on-year (y-o-y) growth in net profit for the quarter ended March to Rs 10,055 crore on the back of a 29% y-o-y fall in provisions to Rs 3,312.35 crore. The country’s largest private bank saw its net interest income (NII) growing 10.2% to Rs 18,872.7 crore, while non-interest …

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Banking & Finance HDFC Bank Industry

April 17, 2022
249
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HDFC Bank to raise Rs 50,000 crore via bonds; re-appoints Renu Karnad as director

HDFC Bank on Saturday said it will raise up to Rs 50,000 crore in the next one year by issuing bonds aimed at financing infrastructure and affordable housing loan requirements of the customers. The decision was taken at the meeting of the board of directors. The board has approved the issuance of perpetual debt instruments …

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HDFC Bank Markets

April 16, 2022
235
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HDFC Bank net profit rises 24% on-year in January-March quarter, advances grew by 19.9%

India’s largest private sector lender HDFC Bank today reported a 24% growth in consolidated net profit to Rs 10,474 crore, in line with expectations pinned by most analysts. The bank’s profit soared when compared to the previous year but was marginally lower sequentially. Net interest income was also higher and provisions were lower from the …

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Banking & Finance HDFC HDFC Bank

April 16, 2022
226
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Markets recoil for third day as HDFC twins weigh

The equity benchmarks ended the holiday-truncated week on a weaker note tracking the weakness in global markets and a sharp rise in bond yields. Key economic data in the US and India made investors jittery on Wednesday, said market watchers. India’s CPI rose to a 17-month high in March at 6.95% from 6.07% in February. …

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HDFC Bank Markets

April 14, 2022
217
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HDFC-HDFC Bank merger: Two HDFCs are now becoming one of the biggest banks in the world

After 45 years in business, the underwriter of homes for millions of Indians is moving in with its 28-year-old banker offspring. The joint-family arrangement makes sense for both Housing Development Finance Corp. and HDFC Bank Ltd. Mortgages will get more competitive as lenders come under pressure to peg interest rates to benchmarks not in their …

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Banking & Finance HDFC HDFC Bank Industry

April 6, 2022
141
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Low profile, but smart thinker

HDFC Bank must surely be the envy of every banker in town, but the task of the man who runs it isn’t an enviable one. Nonetheless, Sashi Jagdishan who took over as MD&CEO of the country’s largest private sector lender in late 2020, has taken the job in his stride. If he inherited a large, …

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Banking & Finance HDFC HDFC Bank Industry

April 6, 2022
217
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Digital credit card will be a precursor to other DIY products: Parag Rao, head – payments business and IT, HDFC Bank

Individual products will be launched. As and when we believe the marketplace is ready for the right kind of product, we’ll have to wrap all these together under the envelope and wrapper of a bank. We want to go to the market at the right time. HDFC Bank is going to spread out its fresh …

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Banking & Finance Credit card HDFC Bank Industry

March 19, 2022
225
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HDFC Bank declares 1550% dividend for shareholders

HDFC Bank share price tanks nearly 10% in 5 days; should you buy, sell or hold the stock?

Shift to safer assets hits margins and income in Q4: HDFC Bank

HDFC Bank Q4 net profit rises 23% to Rs 10,055 crore

HDFC Bank to raise Rs 50,000 crore via bonds; re-appoints Renu Karnad as director

HDFC Bank net profit rises 24% on-year in January-March quarter, advances grew by 19.9%

Markets recoil for third day as HDFC twins weigh

HDFC-HDFC Bank merger: Two HDFCs are now becoming one of the biggest banks in the world

Low profile, but smart thinker

Digital credit card will be a precursor to other DIY products: Parag Rao, head – payments business and IT, HDFC Bank

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