Page 2 - Hdfc Ltd

India's HDFC to issue nearly 1-year CP - traders

Housing Development Finance Corp Ltd plans to raise funds through commercial papers maturing in nearly one year, three merchant bankers said on Thursday

HDFC hikes retail prime lending rate on housing loans by 25 bps from Aug 9

The mortgage lender has raised rates by 140 bps since May, passing on the entire repo hike to borrowers

HDFC Ltd secures $1.1 bn syndicated social loan for affordable housing

This transaction is the largest social loan globally, the first social external commercial borrowing (ECB) loan out of India and the largest ECB loan deal from a HFC or private NBFC in India

HDFC raises Rs 8.7k cr as 'social loan' to fund affordable housing segment

Mortgage lender HDFC Ltd on Friday said it has raised USD 1.1 billion (around Rs 8,700 crore) from a clutch of investors under 'Syndicated Social Loan Facility' to cater to affordable housing

HDFC Ltd net profit surges 22% YoY to Rs 3,668 crore in June quarter

It looks to raise $1.1 billion in external commercial borrowing

HDFC Life board approves issuance of over 35 mn shares to HDFC for Rs 2k cr

HDFC Life Insurance Company on Friday said its board has approved the issuance of over 3.5 crore equity shares to promoter company HDFC for Rs 2,000 crore on a preferential basis

Prashant Jain, MF industry's poster boy, quits HDFC AMC after 19-year stint

Jain, an alumnus of IIT Kanpur and IIM Bangalore, has been replaced by Chirag Setalvad

HDFC Life Q1 net up 21% to Rs 365 cr on VNB surge, lower mortality reserves

VNB up 25% YoY to Rs 510 cr, annualised premium equivalent grew 22% to Rs 1,904 cr; Solvency ratio at 178%, slightly above the regulatory norm of 150%

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

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.

HDFC to raise up to Rs 5k cr this week via bonds on a pvt placement basis

The secured redeemable non-convertible debentures (NCDs) will bear interest rate at 7.77 per cent, payable annually and has a tenor of 4 years 11 months and 10 days, HDFC said in a regulatory filing.

HDFC invokes 50 lakh pledged shares of Ansal Housing for recovery of dues

The country's largest mortgage lender HDFC on Thursday said it has invoked 50 lakh pledged shares of Ansal Housing as part of recovery of its outstanding dues from the developer. Ansal Housing is engaged in the business of construction and development of residential townships and commercial complexes. "For the purpose of recovery of part outstanding dues against loans availed by certain pledgers/borrowers, the Corporation on June 15, 2022, invoked the pledge on 50,00,000 shares of Ansal Housing Ltd (Ansal) aggregating 8.42 per cent of its paid-up share capital, pledged with the Corporation by the said pledger/borrower," HDFC said in a regulatory filing. Ansal Housing's turnover in 2021-22 was Rs 204.40 crore, and the net worth was Rs 146.23 crore. Stock of HDFC closed at Rs 2,057.45 apiece on BSE, down by 2.28 per cent, while Ansal Housing rose 9.96 per cent to Rs 7.95.

Explained: Do NBFCs have a better future than large, diversified players?

Non-banking financial companies may have entered a comfort zone years after having been put through the wringer

Stocks to Watch: Tata Steel, HDFC, AEL, AWL, SpiceJet, Titan, BoB, NTPC

Stocks to Watch Today: Tata Steel has announced a 46.8 per cent jump in Q4 net, and also announced a 10:1 stock split; LIC's Rs 21,000 crore IPO opens today.

HDFC Ltd Q4 profit up 16% at Rs 3,700 cr; company approves Rs 30 dividend

The net interest income for the March quarter came at Rs 4,601 crore compared to Rs 4,027 crore in the previous year

HDFC to sell 10% stake in HDFC Capital Advisors to ADIA for Rs 184 cr

HDFC Capital is a wholly owned subsidiary of HDFC and is in the business of managing private equity funds focused on the real estate sector in India.

HDFC Ltd divests 1% stake in Ansal Housing for nearly Rs 49 lakh

Housing finance major HDFC Ltd on Tuesday divested 1 per cent stake in real estate company Ansal Housing & Construction Ltd through an open market transaction. According to bulk deal data available with the NSE, Housing Development Finance Corporation Ltd (HDFC) sold a total of 5,74,726 shares, amounting to 0.96 per cent stake of Ansal Housing Ltd. The shares were offloaded at an average price of Rs 8.47 apiece, valuing the transaction at Rs 48.67 lakh. The scrip of Ansal Housing closed 2.53 per cent lower at Rs 7.70 apiece on the NSE.

HDFC twins' merger plan to moderately hurt bank's profitability: Moody's

The proposed merger of HDFC Bank and HDFC Ltd will moderately hurt the lender's profitability in the next 2-3 years, driven by higher funding costs to meet the regulatory liquidity norms, Moody's said

What does the HDFC-HDFC Bank merger mean for shareholders?

While the merger of HDFC twins will increase the bank's product portfolio and ability to cross-sell, there are financial and regulatory concerns that investors should know. Find out in this report