CLSA believes domestic AMCs will have huge growth potential, given the huge underpenetration of MFs in the country
BSE Sensex rallied 3.21 per cent last week; HDFC Bank's capitalisation rose by Rs 37,563.09 crore.
HDFC AMC is currently hovering just near its 21 and 50 DEMA and far above the long-term exponential moving average (200 DEMA), suggesting inherent strength in the counter
Refuses to hazard a guess on when RBI will lift curbs; picks up stake in Pune-based enterprise software solutions firm
Parekh said his personal view was that Regulation and supervision are critical functions in any financial system and it is important that trust between a regulator and regulatee is never compromised.
Irked by repeated outages that the bank faced, RBI had barred it from issuing new credit cards last December and stopped it from going ahead with new digital launches
Board okays re-appointment of Keki Mistry as vice-chairman, CEO for 3 more years
HDFC and HDFC Bank are expected to perform better in coming months as per the charts.
Parekh has settled with markets regulator Sebi a matter of non-compliance with an erstwhile listing agreement
Mistry said he was confident that bounce back in demand for home loans would continue
HDFC twins are nearing all-time highs while Bajaj group stocks have seen a tremendous surge in the ongoing November series.
Shares of HDFC group have been on a roll since the past few sessions. On Tuesday, too, the HDFC twins were leading the charge among the S&P BSE Sensex scrips, with HDFC rising over 6 per cent
Mortgage lender Housing Development Finance Corporation Ltd (HDFC) on Wednesday said it will raise up to Rs 5,000 crore by issuing bonds on a private placement basis.
Advising people not to get too perturbed with the forecasts of negative growth, he said the economy will recover for sure assuming that there are no further lengthy and complete lockdowns in future
In the June quarter, the PBT stood at Rs 380.4 crore. Post-taxes, the profit was up 4 per cent year-on-year basis, at Rs 302 crore
The financial institution will put the money as investment in the proposed fund and will rope in a partner for real estate fund financing of distressed assets in the real estate sector
In his frank address, Parekh was critical of the Supreme Court for questioning the Reserve Bank of India's (RBI) move to allow banks and housing finance companies (HFC) to charge interest
India's move was attributed to the rising possibility of "opportunistic takeovers" of its companies by those in neighbouring nations, as the coronavirus pandemic wreaks havoc on the economy
Analysts expect the non-banking finance company (NBFC) to report healthy loan growth amid weak net interest income and weak margins.
The secured redeemable non-convertible debentures are to be allotted on a private placement basis on Friday for an issue size of Rs 2,500 crore, HDFC Ltd said in a regulatory filing on Tuesday