Page 17 - Hdfc

China central bank hikes stake in HDFC amid a sharp correction in shares

Sources say PBoC may have increased its stake by 0.2 percentage points in March

People's Bank of China picks up 1% stake in lending major HDFC

The People's Bank of China holds stakes in companies across the world, including BP Plc and Royal Dutch Shell Plc.

RBI should start buying corporate bonds to provide liquidity: Deepak Parekh

According to him, interest rates will go down further, but banks must pass them on to companies.

India may get $1.3-bn passive flow; MSCI EM weight may rise: Morgan Stanley

In October, the Indian government had issued a circular raising statutory FPI limit of Indian companies to the sectoral foreign investment limit

Market Wrap, March 20: Sensex jumps 1,628 pts, Nifty ends at 8,745

HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier

Investor wealth tumbles Rs 9.74 trillion in two days as markets plunge

In two days, investors have lost Rs 9,74,176.71 crore wealth. At close of trade on Tuesday, the market capitalisation of BSE-listed companies was at Rs 1,19,52,066.11 crore.

Private lenders' 'act of kindness' to YES Bank irks investors

Peers investing indicates other investors' reluctance; banks must conserve capital first before bailing out the private lender

Investments in YES Bank aimed at providing stability, says SBI chief

SBI Card, the second largest largest credit card issuer in the country, got listed at 13 per cent discount at Rs 658 on the BSE, against the issue price of Rs 755.

HDFC to hold 7.97% stake in YES Bank for Rs 1,000 crore capital infusion

On Friday, HDFC said it is investing in 100 crore equity shares of Rs 2 each in Yes Bank for a consideration of Rs 10 per share (including Rs 8 premium) for an aggregate consideration of Rs 1,000 cr

YES Bank gets Rs 3,100-cr lifeline from pvt lenders; moratorium to go soon

The YES Bank reconstruction plan will include an equity investment of at least Rs 11,350 crore from various entities, including multiple private lenders.

YES Bank's Reconstruction Scheme: The story so far

Hours after the Cabinet approved restructuring scheme for YES Bank, private lenders ICICI Bank, HDFC, Kotak Mahindra Bank and Axis Bank came to the cash-strapped bank's rescue

Maruti Suzuki ties up with HDB Financial Services for providing car loan

HDBFS has a network of over 1,425 branches in 1,038 towns and cities

HDFC cuts lending rate by 5 bps for salaried people, effective from March 9

HDFC cuts lending rate by 5 bps for salaried people, effective from March 9

Reliance Capital defaults on interest payments to HDFC, Axis Bank

Firm claims Delhi High Court, DRT rulings restrain payments; Reliance Home Fin also defaults on interest payment on term loan and cash credit

Benchmark indices snap four-session losing streak on China fillip

Gains in index heavyweights such as Reliance Industries and HDFC helped domestic indices post their biggest jump in two weeks

Financial groups: Focus shifts to their ability to boost parent's valuation

While lack of clarity on outlook of insurance business has weighed on valuations of parent firms, retail loan growth and fee income need to be closely watched

HDFC gains 3% as Q3 PBT jumps 219% YoY on fair-value gain from Gruh Finance

For the quarter under review, the company received a fair value gain of Rs 9,020 crore from de-recognition of investment in Gruh Finance, which got merged with private sector lender Bandhan Bank.

HDFC beats expectations in Q3; conservative provisioning offers comfort

Net interest income (difference between interest earned and expense) growth of 9 per cent YoY to Rs 3,239.9 crore was better than analyst expectations of around 8 per cent

HDFC pre-tax profit rises 219% at Rs 9,143 cr in December quarter

The mortgage lender received fair value gain of Rs 9,020 crore from derecognition of investment in Gruh Finance

Market Wrap, Jan 27: Sensex tanks 458 pts; HDFC Q3 profit rises 296% YoY

Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak