Page 12 - Hdfc Bank

HDFC Bank hits 52-week low; slips 26% since merger announcement with HDFC

Slower-than-expected credit growth amid weakening macros due to the Ukraine-Russia conflict; further softness in margins due to slower retail credit growth are key risks according to analysts

HDFC Bank launches spot home loan offer; available on WhatsApp in 2 minutes

Mortgage lender HDFC on Tuesday launched a spot offer on WhatsApp to provide an in-principle home loan approval for buyers within 2 minutes. HDFC's Spot Offer on WhatsApp' is a platform that will enable prospective borrowers to get an in-principle home loan approval instantly, the lender said in a statement. All that the users have to do is initiate a conversation on HDFC's WhatsApp number (+91 9867000000) and provide some basic information, in a few clicks through a guided conversational flow, it said. On basis of the information keyed in by the customer, a provisional home loan offer letter is generated instantaneously. The home loan spot offer facility can be availed 24x7, it said, adding there is no waiting time' for the home loan approval letter. This facility is available to salaried resident Indians. "We at HDFC have been focusing and investing on digital transformation for better customer experience and engagement. Demand for housing in India continues to remain extremely

HDFC Bank, Canara Bank, Indian Overseas Bank others raise lending rates

HDFC Bank hiked marginal cost of funds based lending rate (MCLR) by 25 bps across all tenures up to 7.7 per cent, effective May 7

Rate hike: HDFC Bank raises MCLR by 25 basis points across all tenures

According to the private lender's website, the overnight MCLR stands at 7.15 per cent compared to 6.9 per cent earlier.

Loan portfolio lapses cloud growth plans of IndoStar Capital Finance

The financiers of Indo-Star Capital Finance include State Bank of India, HDFC Bank, and ICICI Bank, according to the Annual Report for FY21

HDFC raises home loan interests by 30 bps after RBI's repo rate hike

For new customers, on loans upto Rs 30 lakh, interest rate charged will be 7.10 per cent.

Private bank profits rise, thanks to higher NII and low provisions

Witness robust loan growth and higher operating expenses in March quarter

HDFC hikes home loan rates for existing customers by 5 bps effective May 1

This comes after many large banks, including SBI increased their marginal cost of funds-based lending rate by 5-10 bps

Can ICICI Bank dethrone HDFC Bank as sector leader?

ICICI Bank and HDFC Bank have been vying for the top position in banking space for quite some time. While ICICI seems to be beating HDFC now, there are certain trends that investors need to watch out

TMS Ep158: Future Group deal collapse, cinema, ICICI beats HDFC, UPI123Pay

What does the Future deal collapse mean for Amazon and Reliance? Will South Indian cinema give Bollywood a run for its money? Can ICICI Bank dethrone HDFC Bank? What is UPI123Pay? All answers here

Stocks to Watch: ICICI Bank, RIL, Tejas Network, Tata Metaliks, Religare

Stocks to Watch Today: Shares of pharma company - Aurobindo, Sun Pharma and Jubilant are likely to be in focus as the trio have recalled different products in the US market as per the latest USFDA

Mcap of 8 of top-10 most valued companies tumble Rs 2.21 trillion

Eight of the top-10 most valued firms together lost Rs 2,21,555.61 crore from their market valuation last week, with Infosys and HDFC Bank suffering the biggest hit.

HDFC Bank declares Rs 15.50 per share 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.

Couldn't articulate benefits of HDFC-HDFC Bank merger clearly: Keki Mistry

Says HDFC will have the benefit of distribution at all 6,500 branches of the bank. Today not all the branches of HDFC Bank source housing loans from HDFC

Chinese lenders dominate APAC bank rankings with 22 in the top-50 list

India's ICICI Bank, at 50th spot, among newest additions to the compilation, which also has SBI (22) and HDFC Bank (44)

HDFC twins' stocks tank 20% each in 9 trading sessions: What analysts say

Total mcap erosion pegged at Rs 2.72 trillion; HDFC Bank falls for ninth straight day, down 3.73% to Rs 1,343.3. HDFC sheds 5.5% to Rs 2,138.7

Trading strategies for beaten down HDFC twins, bank stocks

HDFC twins, HDFC in particular, may see some more downward pressure; whereas PSU banks like SBI, Canara Bank and BoB can rally up to 9 per cent.

HDFC Bank: Merger, valuation concerns may weigh in near-term, say analysts

HDFC Bank Q4 result analysis: We have seen a de-rating of the bank's multiple in recent years and we are again at a point where the risk of further de-rating is high, analysts say

HDFC Bank shares tumble nearly 5%; m-cap down Rs 38,541 cr

On Saturday, HDFC Bank posted a 23 per cent jump in standalone net profit to Rs 10,055.20 crore for the March quarter

Sensex sinks 1,172 pts, Nifty below 17,200; Infosys tanks 7%, HDFC Bank 5%

CLOSING BELL: Dismal March quarter earnings by HDFC Bank & Infosys, coupled with fears of aggressive rate hikes amid rising inflation, soaring bond yields, & resurgence in Covid-19 cases hit sentiment