Page 40 - Hdfc Bank

HDFC picks Morgan Stanley, BofAML for HDB Financial Services IPO

HDFC Bank may hire more firms for the sale later, the people said

RBI fines HDFC Bank Rs 1 crore for non-compliance of KYC norms

The RBI said it had received a reference from Customs authorities regarding submission of forged bill of entries by certain importers to the bank for remittance of foreign currency

Reserve Bank of India fines HDFC Bank Rs 1 cr for violation of KYC norms

The fine pertains to submission of forged bill of entries (BoEs) by certain importers to HDFC Bank for remittance of foreign currency, the RBI said

HDFC Bank to begin global search for MD Aditya Puri's successor

Aditya Puri's salary was 248 times higher than the average employee salary in FY19

HDFC Bank board plans to consider stock split on May 22; shares fall 1.7%

Stock split is a tool used by corporates to boost liquidity of their shares

HDFC Bank board may go for splitting stock into two later this month

The bank had posted a 23 per cent jump in its net profit to Rs 5,885.12 crore for the quarter ended March 2019.

HDFC Bank Q4 net profit up 22% to Rs 5,885 crore on interest income growth

Net interest income for the quarter increased 22.8 per cent to Rs 13,089.5 crore from Rs 10,657.7 crore in the same period of the previous financial year

Deposit growth, asset quality trend key concerns for HDFC Bank

Stock movement more of a reflection to KKR's stake sale, say analysts

HDFC Bank plans to raise up to Rs 50,000 crore in FY19 by issuing bonds

The bank said its board of directors will consider the proposal at its ensuing meeting on April 20

HDFC Bank joins Reliance Industries, TCS in $100-billion m-cap club

India now has three companies in the global top 100 list in terms of market value

HDFC Bank has no plans to cut down branch expansion to focus on tech: CEO

India is the fastest growing major economy in the world and banking services are yet to reach all the people, Puri added

HDFC Bank nears record high on Q3 earnings; analysts bullish on the stock

The stock hit its highest level since August 1, 2018, of Rs 2,165, was trading close to its record high level of Rs 2,219 touched on July 18, 2018, on BSE in the intra-day trade.

HDFC Bank's wholesale loan book grows 23% to Rs 3.5 trillion in FY19 so far

HDFC Bank is leveraging its geographical reach, digital offerings, and its complete suite of products in order to reach out to both existing customers as well as new ones

HDFC Bank to raise its stake in Clearing Corp to 9% for Rs 1.24 billion

Incorporated in April 2001, CCIL had consolidated revenue of Rs 6.7 billion in 2017-18

HDFC Bank hikes deposit rates by 0.5%; BoB raises lending rate by 0.1%

HDFC Bank has increased deposit rate to 7.25 per cent for fixed deposits of 3-5 years from the earlier 7.1 per cent.

HDFC Bank surges nearly 3% post Q2 results

The bank had registered a net profit of Rs 41.51 billion in the July-September quarter of 2017-18.

HDFC Bank uses WhatsApp, email to reach out to customers dodging compliance

The bank has been adopting this method after a Supreme Court appointed amicus curiae recommended closure of proceedings in all cheque bounce cases through digital means

Sukthankar's successor to be named by month-end, says HDFC Bank chief

In a regulatory filing last week, the bank announced Sukthankar's resignation without citing any reasons

It will be biz as usual at HDFC Bank despite Sukthankar leaving: analysts

Analysts had expected the stock to see a knee-jerk reaction to the development. Most suggest the fall can be bought into from a long-term perspective

HDFC Bank Deputy MD Paresh Sukthankar quits after 2 decades with the lender

The bank said its board of directors places on record its appreciation for the contribution made by Sukthankar in his long association with the bank