Page 9 - Hdfc Bank
After HDFC Bank, more banks may offer higher rates on NRE deposits
For domestic deposits worth Rs 2 crore to less than Rs 5 crore with a tenure of one year to less than 15 months, HDFC Bank offers 6.25 per cent, data on the lender's website showed
 "After HDFC Bank, more banks may offer higher rates on NRE deposits")
HDFC Bank opens special window offering 6.80% interest for NRE deposits
The window, which is available on Wednesday and Thursday, offers an annual rate of 6.80 per cent on NRE deposits worth Rs 2 crore to less than Rs 150 crore
Vivo T1x goes on sale on Wednesday; Check price, specs and other details
Vivo T1x will be made available for purchase tomorrow from 12 pm onwards. Apart from Flipkart, the smartphone can also be purchased from Vivo's official website
 "Vivo T1x goes on sale on Wednesday; Check price, specs and other details")
After falling to record lows, rupee regains footing against US dollar
RBI's interventions and a less hawkish view on US Federal Reserve among factors that help currency
 "After falling to record lows, rupee regains footing against US dollar")
FPI legroom not enough for big MSCI boost, says Macquarie Capital
According to the latest June quarter shareholding data, the FII shareholding in HDFC Bank and HDFC Ltd has declined to 65.81 per cent and 67.7 per cent, respectively
 "FPI legroom not enough for big MSCI boost, says Macquarie Capital")
HDFC Bk: Merger with HDFC, NIM compression near-term concerns, say analysts
HDFC Bank Q1 review: Issues with management's bandwidth in managing the balance sheet post merger remains key risks for upside, said Nomura
 "HDFC Bk: Merger with HDFC, NIM compression near-term concerns, say analysts")
Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%
CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries
 "Sensex zooms 760 pts, Nifty tops 16,250; IT index up 3%, HDFC Bank dips 1%")
Q1 impact: Mindtree eyeing 23% upside; HDFC Bank faces hurdle, charts show
Shares of Mindtree seem fairly placed and can rally up to 23 per cent, while ACC, HDFC Bank and ICICI Prudential Life need to conquer key levels for a fresh rally to emerge.
 "Q1 impact: Mindtree eyeing 23% upside; HDFC Bank faces hurdle, charts show")
Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS
Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.
 "Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS")
HDFC Bank lost Rs 50k-cr corporate loans as competitors offered lower rates
Merger-related dispensations separately handled by RBI, says HDFC Bank CFO Srinivasan Vaidyanathan
 "HDFC Bank lost Rs 50k-cr corporate loans as competitors offered lower rates")
Merger with HDFC to help tap home finance opportunity: HDFC Bank chairman
A more stable balance sheet because of the merger will enable HDFC Bank to step up exposures and facilitate higher credit growth in the economy, said the chairman
 "Merger with HDFC to help tap home finance opportunity: HDFC Bank chairman")
HDFC Bank's Q1 net profit rises 19% to Rs 9,195.99 cr, NII grows 14.5%
The bank's pre-provision operating profit was at Rs 15,367.8 crore in Q1FY23
 "HDFC Bank's Q1 net profit rises 19% to Rs 9,195.99 cr, NII grows 14.5%")
HDFC Bank Q1FY23 results: Tracking firm's performance over last 4 quarters
In Q4FY22, the bank recorded a 22.8 per cent rise in its net profit year-on-year.
Buzzing stocks of the day: Paytm, Monte Carlo can rally up to 20%
Shares of HDFC Bank seem placed in the accumulation zone, while HDFC needs to hold on to key moving averages. Charts also indicate a wait and watch approach for LIC of India.
 "Buzzing stocks of the day: Paytm, Monte Carlo can rally up to 20%")
HDFC Bank Q1 profit seen rising up to 33% YoY on low provisions: Analysts
Motilal Oswal Financial Services expects provisions to decline to Rs 3,730 crore in Q1FY23 from Rs 4,830 crore in Q1FY22
 "HDFC Bank Q1 profit seen rising up to 33% YoY on low provisions: Analysts")
Overseas investors continue to cut shareholding in both HDFC, HDFC Bank
FPIs' stake down over 400 bps in both, move paves way for global index inclusion of merged unit
 "Overseas investors continue to cut shareholding in both HDFC, HDFC Bank")
TMS Ep215: IIP & inflation, HDFC Bank, Martin Wolf, moving averages
What do IIP numbers tell us about the economy? What does Martin Wolf think of Indian and global economies? How will the banking sector perform in Q1? Moving averages a must for trading? Answers here
 "TMS Ep215: IIP & inflation, HDFC Bank, Martin Wolf, moving averages")
Major PSU banks to go live on account aggregator system by July-end
SBI and BoB are expected to go live by the deadline; PNB and Union Bank of India are already live on the ecosystem
 "Major PSU banks to go live on account aggregator system by July-end")
Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers
CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers
 "Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers")
ICICI, Axis, HDFC Bank allowed to offer services to DefMin in global buys
These private banks will provide Letter of Credit (LC) and direct bank transfer business for overseas procurement by the defence ministry
