Page 31 - Hdfc Bank
Market Ahead, July 27: Top factors that could guide markets this week
This week, domestic equity markets will largely be steered by corporate earnings, developments on US-China relations front and Covid-19 trends
 "Market Ahead, July 27: Top factors that could guide markets this week")
Aditya Puri sells 7.42 million shares worth Rs 842.9 crore in HDFC Bank
Puri's term is set to end in October when he attains the age of 70 and he will be second chief executive after Indusind Bank's Romesh Sobti to retire this year
 "Aditya Puri sells 7.42 million shares worth Rs 842.9 crore in HDFC Bank")
MARKET WRAP: Sensex trims losses, ends 12 pts down; Nifty closes at 11,194
All that happened in the markets today
 "MARKET WRAP: Sensex trims losses, ends 12 pts down; Nifty closes at 11,194")
Market Ahead, July 24: All you need to know before the opening bell
Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results
 "Market Ahead, July 24: All you need to know before the opening bell")
RBI seeks internal car loan investigation details from HDFC bank
The RBI is also seeking information on steps taken by HDFC Bank to remedy any issues identified during the investigation, the people added, asking not to be named.
 "RBI seeks internal car loan investigation details from HDFC bank")
WhatsApp to partner with more Indian banks in financial inclusion push
WhatsApp will also expand pilot projects with banking and other partners to cover financial services such as pensions and insurance
 "WhatsApp to partner with more Indian banks in financial inclusion push")
HDFC Life CRC to meet on July 23 for proposed Rs 600-cr fundraising plan
HDFC Life Insurance Company is scheduled to declare its earnings for first quarter of this fiscal year 2020-21 later in the day
 "HDFC Life CRC to meet on July 23 for proposed Rs 600-cr fundraising plan")
HDFC Bank's Q1 provides some relief to investors despite higher bad loans
Notably, 97-98 per cent of the customers under moratorium have no overdue and have received their salary, indicating no major concern
 "HDFC Bank's Q1 provides some relief to investors despite higher bad loans")
HDFC Bank's Q1 brings some relief to investors despite higher bad loans
Lower moratorium, accelerated NPA recognition and higher provisioning coverage indicate lower asset quality impact, the bank indicates internal successor of Aditya Puri
 "HDFC Bank's Q1 brings some relief to investors despite higher bad loans")
HDFC Bank extends gains post June quarter result; stk surges 9.5% in 4 days
The stock was up 5% to Rs 1,153 after the lender reported 20 per cent year on year growth in net profit at Rs 6,659 crore for April-June quarter (Q1FY21) supported by operational income
 "HDFC Bank extends gains post June quarter result; stk surges 9.5% in 4 days")
Preferred successor internal candidate, has spent 25 yrs at HDFC Bank: Puri
Seeking to assuage concerns on training and business understanding, he also said the candidate has "learnt very well".
 "Preferred successor internal candidate, has spent 25 yrs at HDFC Bank: Puri")
Aditya Puri highest paid banker for FY20 with Rs 18.92 cr in remuneration
The banker, who is set to retire in this October on turning 70, had earned Rs 42.20 crore by exercising stock options in 2018-19
HDFC Bank gets shareholders' nod for raising Rs 50,000 cr via debt
Last month, the board cleared capital proposal to be carried out over the next twelve months
 "HDFC Bank gets shareholders' nod for raising Rs 50,000 cr via debt")
Indian economy to recover very fast; we'll emerge stronger: Aditya Puri
HDFC Bank MD Aditya Puri said his group would emerge from the coronavirus crisis stronger than before
 "Indian economy to recover very fast; we'll emerge stronger: Aditya Puri")
HDFC Bank PBT up 5.15% in April-June; provisions increase by 49%
Net profit for reporting quarter rises by 19.6 per cent to Rs 6,658.62 crore from net profit of Rs 5,568.16 crore in Q1FY20
HDFC Bank net profit up 20% in April-June, provisions increase by 49%
The bank's net revenue grows 8% from Rs 18,264.5 in the same quarter last year to Rs 19,740.7 crore
HDFC Bank Q1 preview: Moratorium to contain slippages; recovery trends eyed
For the Q1FY21, the bank is expected to report around 20 per cent year-on-year (YoY) growth in net profit. Besides, asset quality is seen stable owing to the moratorium being provided by the RBI
Private banks stare at washed-out Q1; moratorium, Covid-19 provisions eyed
Extension of moratorium, ICICI Securities points out, till August would push recognition of pain points, thereby leading to benign slippages and stable headline non-performing asset (NPA) numbers
 "Private banks stare at washed-out Q1; moratorium, Covid-19 provisions eyed")
Financial stocks crack; Nifty Bank tanks 4%; Axis Bank, SBI slide up to 5%
That apart, NBFC stocks such as Bajaj Financial Holding, Bajaj Finserv, M&M Finance, Choldamandalam Investment and Finance Company, and Bajaj Finance tumbled up to 5 per cent
 "Financial stocks crack; Nifty Bank tanks 4%; Axis Bank, SBI slide up to 5%")
HDFC Bank probes lending practices at vehicle-financing operation
The bank decided against proceeding with an earlier proposal to extend the employment of Ashok Khanna, an 18-year veteran at the bank, after the investigation was completed
