Page 36 - Hdfc Bank

AU Small Finance Bank stock top choice in FY20, overtakes PNB, BoB in m-cap

At 8x FY21 estimated book, even as it is the most expensive lender, the stock remains among the preferred picks in the banking pack

HDFC Bank recasts panel to find Puri's successor; Mistry replaced by Karnad

Keki Mistry has been replaced by Renu Karnad of the bank's parent HDFC in the search panel

HDFC Bank aims to become go-to bank for start-ups with grants, platforms

HDFC Bank aims to be a dominant and go-to bank for startups, a key official said on Tuesday. Close to 9,000 start-ups are currently banking with HDFC Bank, said Smita Bhagat, Country Head, Government & Institutional Business, e-commerce and start-ups, HDFC Bank. Officials said the bank now has dedicated "SmartUp" zones in 70 branches in 30 cities across India. "Through the SmartUp programme, we are already engaging with the start-up community to partner with them in their entrepreneurial journey using smart financial tools, advisory services and technology", Bhagat told reporters here. "We also have a platform where the start-ups can register themselves and sell their products to our own customers", she added. HDFC Bank on Tuesday disbursed SmartUp grants totalling Rs five crore to 20 start-ups in Bengaluru working in the social sector. This takes the total tally to more than 60 start-ups who have been been given a total grants of Rs 14 crore over the past three ...

Best of BS Opinion: Coronavirus epidemic, climate-change impacts, and more

Can the coronavirus epidemic could lead to encouraging responses and who will succeed Aditya Puri

After Aditya Puri, who?

Puri retires in October this year

HDFC Bank SME loan book doubles to Rs 1.48 trillion by December 2019

According to the RBI data, the system-wide SME loan book stood at Rs 15.7 trillion as of June 2019, up 10 per cent over the 12 months' period

HDFC Bank, Mastercard, SAP Concur team up to manage spending in corporates

HDFC Bank will offer a corporate credit card for business travellers, providing a one-stop solution for payment and expense management during business trips

HDFC Bank refuses to entertain BMA clients' plea to return shares

Some investors had even threatened to move Reserve Bank of India (RBI) and Securities Appellate Tribunal (SAT) against HDFC Bank, if it didn't return the shares.

Market Ahead, February 13: All you need to know before the Opening Bell

Almost 615 companies, including BPCL, Page Industries, Nestle India, and Apollo Hospitals Enterprise, are scheduled to announce their December quarter results today

Nifty strategy by CapitalVia Global: Buy on dips with stop-loss at 12,100

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

GuarantCo, Dalmia Cement settle dispute over Calcom repayment of dues

In 2008, GuarantCo had guaranteed a loan availed by Calcom from Axis Bank and HDFC Bank

RBI slaps a fine of Rs one crore on HDFC Bank for KYC breach

RBI had issued show cause notice to bank as to why penalty should not be imposed for non-compliance

Budget 2020: HDFC calls for one-time loan recast for stuck realty projects

Parekh said there have been precedents of similar one-time reliefs being allowed by the RBI in the past including in 1993 and also after the global financial crisis.

HDFC Bank to tap Egon Zehnder to identify Aditya Puri's successor: Report

Puri, whose term comes to an end in October this year, is also an advisor to the search committee tasked with identifying a suitable candidate

At multi-quarter low, HDFC Bank's retail loan growth may face more pain

While headline numbers met estimates, quality of loan growth and asset quality didn't. This explains the 1.8% dip in its stock price on Monday

HDFC Bank slips over 1% as Q3 provisions rise; analysts maintain 'Buy'

On the upside, the Mumbai-headquartered bank's net profit rose 32.8 per cent year-on-year to Rs 7,416.5 crore, compared to Rs 5,585.85 crore in the corresponding period of the previous year

HDFC Bank's Q3 PBT up 15.6% to Rs 9,901 cr; provisions rise by 37.6%

The specific loan loss provisions in the current quarter include one-offs of approximately Rs 700 crore, primarily relating to some corporate accounts

HDFC Bank Q3 net profit rises 33% to Rs 7,416 cr on higher interest income

Total income rose to Rs 36,039 crore during the December quarter against Rs 30,811.27 crore in the year-ago period, HDFC Bank said in a statement.

HDFC Bank Q3 preview: Loan growth could rise 20% YoY, NIM may slip a bit

Net interest income, however, is likely to grow between 11 and 16 % YoY to Rs 14,409.5 crore, up from Rs 12,576.8 crore reported in the same quarter last year, and Rs 13,515 crore in Q2FY20

Seven of top-10 firms add Rs 32,020 cr in m-cap; HDFC Bank, RIL gain most

TCS, HDFC, HUL, ICICI Bank and Kotak Mahindra Bank were the other bluechips which witnessed a rally in their market capitalisation