Page 20 - Hdfc

CEOs bank on festive cheer; India Inc hopes for improvement in second half

Demand to pick up from festival season next month, say corporate leaders

Banks have turned risk averse, says HDFC chairman Deepak Parekh

One is hopeful that normalcy will be restored soon and by the time the festive season sets in, says Parekh

HDFC Q1 net profit rises 46% to Rs 3,203, interest income up 11%

On a consolidated basis, the housing financier's total revenue from operations stood at Rs 23,239.82 crore in Q1

HDFC Q1 profit jumps 46% to Rs 3,203 cr, boosted by Gruh Finance stake sale

The company's profit was boosted by one-time gain of Rs 1,894.21 crore from stake sale in Gruh Finance

HDFC reduces prime lending rates on home loans by 10 bps from August 1

For women borrowers, there is an extra 5 bps discount in each category of loans

We believe in VG Siddhartha, still own 6% in CCD: Global buyout major KKR

KKR in a statement on Tuesday said it had invested in the popular coffee chain nine years ago and part-exited the investment last year

Goldman-HDFC JV bets big on student housing, plans 75,000 beds in 18 months

They are adding capacity through acquisitions, beside new projects

NCLAT rejects HDFC's plea seeking insolvency against RHC Holding

The appellate tribunal said it found "no merits" in HDFC's petition and said that non-bank financial lenders come under the purview of the Reserve Bank of India

Seven of top-10 firms add Rs 53,732 cr in m-cap; HDFC biggest gainer

In the ranking of top-10 firms, TCS was placed at the number one position, followed by RIL

HDFC moves NCLT to keep mortgaged Jet Airways HQ out of bankruptcy process

The consortium of 26 bankers led by State Bank took the grounded Jet Airways to NCLT to recover their dues of over Rs 8,500 crore

Conservative values helped HDFC face headwinds in FY19: Deepak Parekh

The latter half of FY19 was challenging for several sectors across the Indian economy as liquidity tightened, aversion to risk increased and consumption slowed

HDFC Ergo-Apollo Munich merger won't hurt existing policy contract

In future, there would be review and rationalisation of products and their features

HDFC stock sees first downgrade by analysts since liquidity crunch

Nomura, on Tuesday, cut its recommendation from 'Buy' to 'Neutral' citing fair valuations

HDFC disburses more than Rs 2,300 crore as subsidy under PMAY scheme

The country's largest mortgage lender HDFC Ltd Wednesday said it has disbursed subsidy of more than Rs 2,300 crore under the government's flagship housing scheme PMAY, benefiting over one lakh first time home buyers. The company has disbursed subsidy amounting to over Rs 2,300 crore benefitting over 1,04,000 families under the Pradhan Mantri Awas Yojana (PMAY) credit linked subsidy scheme (CLSS), HDFC said in a statement. The company has approved Rs 22,136 crore of home loans under CLSS to homebuyers belonging to the economically weaker section (EWS), low income group (LIG) and middle income groups (MIG), HDFC said. The mortgage lender has partnered with Ministry of Housing & Urban Affairs and the National Housing Bank (NHB) to work towards the government's goal of 'Affordable Housing for All'. "The government's PMAY scheme is a growth accelerator programme that aims to provide affordable housing to people in the country. The thrust on housing is a recognition that a rapidly ...

HDFC Q4 profit rises 27% to Rs 2,862 cr, asset quality improves marginally

The net interest income of the mortgage lender for the quarter stood at Rs 3,161 crore against Rs 2,650 crore in Q4FY18

Despite few misses, loan book growth helps HDFC ride through a tough year

Profitability and asset quality passed the test of difficult operating conditions; loan growth remains key to buck the trend

HDFC Q4 profit jumps 27% to Rs 2,862 cr; interest income rises 19%

The board has proposed a final dividend of Rs 17.50 per share and the proposed final dividend is in addition to the interim dividend of Rs 3.50 per share declared earlier

HDFC Bank m-cap tops Rs 6-trillion as shares rise for 5th straight session

At closing price of Rs 2,226, the lender was valued at Rs 605,933 crore

HDFC's loan exposure to wholesale, developer segments may impact its stock

Since the beginning of this year, the housing finance firm's stock lost 6% against the 4% gain in Sensex

HDFC Life OFS retail investor portion garners 84% subscription

Retail investors bid for 8.4 million shares as against 10 million on offer, data from the exchanges showed