Monday morning kicked-off with the news that HDFC Ltd was merging with HDFC Bank. Deepak S Parekh, who oversaw the merger, is a relieved man now. Find out more about the 77-year-old industry veteran
Shares of HDFC Bank may hit the Rs 2,000-mark, while HDFC is likely to rally towards Rs 3,200.
Shareholders of HDFC Ltd will receive 42 shares of the bank for 25 shares held. Existing shareholders of HDFC Ltd will own 41 per cent of HDFC Bank.
Business Standard brings you the top headlines on Wednesday
HDFC Ltd, which holds over 50% stake in HDFC Ergo, has nominated its Vice Chairman and MD Keki Mistry as non-executive chairman of the insurance firm
As per block deal data on BSE, Societe Generale sold nearly 71 lakh shares at an average price of Rs 2,436.8 apiece
Adani Power, Barbeque Nation, Cadila, GAIL, Godrej Properties, HCC, ITC, JK Tyre, Kalyan Jewellers, Lupin, Mahindra Holidays, TBZ and Titan are some of the major companies to announce results today
A Memorandum of Understanding (MoU) on the strategic alliance was signed between IPPB and HDFC Ltd on Monday.
Analysts believe that HDFC was able to gain the market share, especially from other HFCs and even smaller banks, due to its superior liability franchise and lower cost of fund
Is the weakness seen on Monday likely to intensify in the days ahead or is this just a knee-jerk reaction to the June 2021 quarter results announced last week? Here is what the technical charts say
HDFC has said it will raise up to Rs 7,000 crore by issuing bonds on private placement basis
Board okays re-appointment of Keki Mistry as vice-chairman, CEO for 3 more years
HDFC had acquired 25.01 per cent stake in Good Host in August 2018 for Rs 69.5 crore
The stock was trading at its highest level since March 13, 2020 on the BSE
HDFC Bank, India''s biggest private sector lender, witnessed its valuation soar by Rs 20,198.59 crore to stand at Rs 6,80,092.72 crore.
Stocks of housing finance companies gained ground post the RBI policy on Friday. Will the up move sustain? Here's what technical charts say
In recognition of the role of the real estate sector in generating employment and economic activity, the RBI has decided to rationalise the risk weights applicable to individual housing loans
The quarter witnessed a strong recovery with individual loan disbursements reaching 95 per cent of pre-Covid levels
Trading at 1.3x price-to-book, the asking price of the mortgages business fails to capture some of the key developments
The HFC is also likely consider issuance of secured redeemable, non-convertible debentures, in various tranches, aggregating up to Rs 45,00 crore on a private placement basis