Page 3 - Hdfc Bank

HDFC Bank Q3: PAT may grow up to 20% YoY; margin, asset quality seen steady

Outlook on margin trajectory, asset quality in Agri/Unsecured book, and commentary around credit cards, traction in fee income, and the merger with HDFC will be the key monitorables, analysts said

8 of top 10 firms lose Rs 1 trn in mcap; Infosys, HDFC Bank, TCS top losers

Eight of the top 10 most valued firms faced a combined erosion of Rs 1,06,991.42 crore in market valuation last week, with IT majors Infosys and Tata Consultancy Services along with HDFC Bank taking the biggest hit. Last week, the Sensex declined 940.37 points or 1.55 per cent. Barring Hindustan Unilever and Life Insurance Corporation of India (LIC), eight firms suffered erosion from their market capitalisation (mcap). The market valuation of Infosys tumbled Rs 25,185.37 crore to Rs 6,09,687.79 crore, the most among the top 10 firms. The mcap of HDFC Bank tanked Rs 18,375.41 crore to Rs 8,89,130 crore. The valuation of Tata Consultancy Services (TCS) eroded by Rs 17,289.02 crore to Rs 11,75,287.30 crore and that of ICICI Bank diminished by Rs 14,447.69 crore to Rs 6,07,140.65 crore. State Bank of India's market valuation slumped Rs 11,245.01 crore to Rs 5,36,012.18 crore. HDFC's valuation declined by Rs 7,419.45 crore to Rs 4,74,018.02 crore and that of Reliance Industries Limit

HDFC Bank's loan book expands by 19.5%, domestic retail loans grow 21.5%

IndusInd sees 19% credit growth in Q3; deposit growth outpaces loans for HDFC Bank, YES Bank

HDFC Bank partners with Microsoft for digital transformation journey

HDFC Bank said it is partnering with Microsoft in the next phase of its digital transformation

SBI, ICICI, HDFC Bank continue to be systemically important banks

Lenders regarded as too big to fail; classification based on data they gave in March 2022

Fundraising through AT1 and tier II bonds nearly doubles in 2022

Public-sector banks were in the market but the size of issues was relatively small

How financial reforms can quicken pace for India to become a $5-trn economy

In the Union Budget for FY22, no funds were earmarked for recapitalising state-run banks. This was a decadal first, and will temper their eagerness to lend

Credit card spends drop sequentially as festive season draws to close

Monthly spending is more than Rs 1 trn again, led by the rising share of e-commerce transactions

Top Indian banks battle for no 1 bond spot as credit demand surges

Indian businesses are hungry for credit, despite rising interest rates, as they borrow to cover higher operational costs and for more investments

BS BFSI Insight Summit 2022: Meet the leaders of digital, payments banks

From Airtel Payments Bank's COO Ganesh Ananthanarayanan to Parag Rao, Country Head for Payments Business, Consumer Fin, Digital Banking at HDFC Bank, here are panelists from digital & payment banks

HDFC raises home loan rates by 35 bps, effective from December 20

With this rate hike, HDFC has now passed on the entire rate hike done by the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to the borrowers

To woo customers, HDFC Bank aims to issue 1 mn credit cards every month

The bank wants to double the current pace of half a million new credit card issuances every month, according to Parag Rao, country head for payments business

Banks rush to hike deposit rates, raise funds amid firm loan growth

Major private lenders such as HDFC Bank, ICICI, Axis revise rates; deposit rates now catching up with RBI rate hikes

Top Headlines: Tax-free slab to Rs 5 lakh, basic Customs duty cut, and more

Business Standard brings you the top headlines at this hour

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

Domestic deals to fuel M&As in the new year as global slowdown looms

Stocks to Watch: Paytm, HUL, ICICI Bank, HDFC Bank, Jindal Steel, Pharma

Stocks to Watch Today: Shares of Paytm are likely to be in limelight as the company plans share buyback; board to meet on December 13.

Buoyed by firm demand, HDFC Bank mulls fresh Rs 5,000-cr Tier 2 bond sale

The quantum raised through Tier 2 bonds is set to rise much further in coming days as Axis Bank is slated to sell Rs 12,000 crore of such instruments on Friday

ICICI Bank raises Rs 5,000 cr via infrastructure bonds for funding projects

The base issue size for ICICI Bank's infra bonds was Rs 1,000 crore with green shoe option of Rs 4,000 crore

HDFC Bank files petition for NCLT approval to the proposed merger

The bank has already received the approval of the equity shareholders, which includes public shareholders, to the proposed merger scheme

Adani Power, Varun Beverages, ABB ripe for Nifty Next50 inclusion

Biocon, Gland Pharma, Mphasis and Bandhan Bank may move out, says note by Nuvama Alternative & Quantitative Research