Page 21 - Hdfc Bank

HDFC Bank can start issuing credit cards again as RBI eases curbs

Ban on Digital 2.0 programme continues; bank ready with aggressive plan

RBI allows HDFC Bank to issue new credit cards: Report

However, RBI's ban on the bank introducing new digital initiatives will continue, a source told Reuters

HDFC Bank plans to raise funds via AT-1 bonds from overseas market

The bank is expected to raise up to $1 billion from dollar-denominated bonds

Moody's assigns 'Ba3' rating to HDFC Bank's AT1 dollar-denominated bonds

Country's largest lender State Bank of India has already raised capital through AT1 bonds from global markets

HDFC Bank to hire 500 more employees this fiscal to expand MSME coverage

Country's largest private sector lender HDFC Bank, which has a focus on the MSME sector, is hiring 500 more relationship managers this fiscal as the bank is expanding its coverage to 575 districts, a senior banker has said. The headcount addition will take the Micro, Small and Medium Enterprises (MSME) vertical strength to 2,500. As of June end, its employee strength stood around 1.23 lakh. The bank's MSME vertical covers 545 districts now with dedicated relationship managers and supervisors, which will be expanded to 575 districts or more by the end of this fiscal. "As we are expanding our MSME footprint to 575 districts from 545 now, we are hiring over 500 more to the 2,000-strong headcount at the MSME vertical this fiscal year. This should take the overall headcount at the vertical to a little over 2,500," Sumant Rampal, senior executive vice-president for business banking & healthcare finance, told PTI on Monday. After reclassification and the resultant tagging of wholesaler ..

Action taken against HDFC Bank, Mastercard to ensure compliance: RBI's Das

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HDFC Q1 net flat at Rs 3,001 crore; individual home loans grow 22%

Company says said the profit numbers for Q1Fy22 are comparable with that of the previous year for reasons including higher effective tax rate.

Retail loans, long a safe bet for many banks, show uptick in defaults

HDFC Bank, ICICI Bank and Axis say bulk of the loans marked substandard in April-June was in retail category, but expect turnaround as lockdowns end.

HDFC Bank's Puri highest paid, ICICI Bank Bakshi forgoes salary in Covid yr

HDFC Bank's Aditya Puri emerged as the highest grossing banker among the top three private sector lenders in his retirement year with total emoluments of Rs 13.82 crore. His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on October 27, 2020 grossed a salary of Rs 4.77 crore for the fiscal year, which included payments as a group head till his elevation. Puri's overall payments included Rs 3.5 crore as post-retirement benefits. Its immediate rival ICICI Bank's MD and CEO Sandeep Bakhshi "voluntarily relinquished" his fixed compensation of basic and supplementary allowances for FY21, which had seen wide-scale impact of the COVID pandemic, as per the second largest lender's annual report. Bakhshi, however, did receive allowances and perquisites amounting to Rs 38.38 lakh, the document said, adding he also got Rs 63.60 lakh as performance bonus from ICICI Prudential Life Insurance Company as deferred variabl

M-cap of 6 leading firms drops Rs 76,640 cr; HDFC Bank's setback worst

The market valuation of HDFC Bank tumbled Rs 43,578.18 crore to reach Rs 7,97,422.67 crore.

HDFC Bank's weak Q1 performance may keep Bank Nifty under pressure

The private bank bellwether reported its lowest NII growth in a decade

Investors lose Rs 1.2 trillion as Sensex drops 587 pts amid global sell-off

Sectorally, the Nifty Bank index declined over 2 per cent, led by losses in HDFC Bank (down over 3 per cent)

HDFC Bank, HDFC: How to trade these twin stocks and maximise profit?

Is the weakness seen on Monday likely to intensify in the days ahead or is this just a knee-jerk reaction to the June 2021 quarter results announced last week? Here is what the technical charts say

HDFC Bank dips 3% as June quarter results miss Street estimates

HDFC Bank's asset quality deteriorated marginally due to disruptions in collections on account of the second Covid wave

Stocks to watch: HDFC Bank, HCL Tech, Clean Science, GR Infra, Just Dial

Reliance Retail Ventures, a subsidiary of Reliance Industries said it will acquire a 40.95 per cent stake in Just Dial for Rs 3,497 crore

HDFC Bank writes off Rs 3,100-crore NPAs in the April-June quarter

Offloads Rs 1,800 crore of bad loans

Ball in RBI's court: HDFC Bank on ban on issue of new credit cards

HDFC Bank was asked to pay a fine of Rs 10 crore earlier this year by the RBI

HDFC Bank's net profit rises 16% in June quarter; misses Street estimates

The bank's NII rose 8.57 per cent in Q1FY21 to Rs 17,009 crore, driven by growth in advances at 14.4 per cent and a net interest margin of 4.1 per cent

HDFC Bank Q1 preview: Analysts see up to 30% rise in profit; slippages eyed

Amid the muted economic activity, analysts across the board, expect the lender's bottomline to shrink during the quarter on a sequential basis even as they see up to 30 per cent year-on-year growth

Paytm set to break into top 10 most-valued financial stocks in India

According to investment banking sources, the company is eyeing a valuation of between $20 billion and $25 billion