Puri is confident the best is yet to come for the bank and execution of a laid out strategy will take the bank places
After a 63% rebound from its March low, HDFC Bank's stock is too expensive given the risks related to management change and asset quality
In the past month, the stock has rallied 18 per cent, against 8 per cent gain in the S&P BSE Sensex
All that happened in the markets today
The country's largest private lender clocked an 18.4 per cent year-on-year (YoY) growth in its net profit on substantial growth in interest earnings and other income
The appointment shall be placed before the shareholders of the Bank for their approval, by way of postal ballot (through remote e-voting), bank said in filing with BSE
It had posted a net profit - profit after tax (PAT) -- of Rs 6,344.9 crore in the quarter ended September 2019 (Q2FY20)
The private sector lender had posted a consolidated net profit of Rs 6,638 crore in the corresponding quarter a year ago
Tata Motors on Saturday said it has collaborated with HDFC Bank for financing of its passenger vehicles
HDFC Bank's asking rate has been twice ICICI Bank's in the past, but the trend is fast reversing
Above-industry loan growth, flattish net interest margin (NIM), stable asset quality, and fewer provisions are the other elements that may mark the quarter under review
Market participants would watch out for greater clarity on NPA recognition, loan restructuring roadmap, and credit costs for the rest of the year
The HealthyLife Programme is created exclusively for HDFC Bank customers
HDFC Bank Managing Director and Chief Executive Officer Aditya Puri has assured employees of the country's largest private sector lender that their jobs and bonuses are secure
Shares of HDFC jumped over 8 per cent after the mortgage lender said its business is returning to pre-COVID-19 levels.
All that happened in the markets today
Shares of HDFC group have been on a roll since the past few sessions. On Tuesday, too, the HDFC twins were leading the charge among the S&P BSE Sensex scrips, with HDFC rising over 6 per cent
HDFC Bank's business is back to pre-covid levels, says Aditya Puri
HDFC Bank Managing Director Aditya Puri on Wednesday said the lender's business is returning to pre-Covid-19 levels and full normalcy is expected to be restored soon
The bank will offer 50 per cent off on the processing fees of auto loans, personal loans, and business growth loans and zero processing fee on two-wheeler loans