Page 22 - Hdfc

HDFC Bank MD's remuneration declines to Rs 9.65cr in 2017-18

The remuneration drawn by Puri and bank employees, in terms of ratio, stood at 209:1 meaning he took home 209 times more than the median employees' remuneration for the year

HDFC 5th biggest consumer financial services company globally: Forbes

In the consumer financial services category, HDFC's rank has moved up from 7th place last year

HDFC realty acquires stake in HomeKraft; to develop mid-income projects

The investment by HDFC Capital Affordable Real Estate Fund in HomeKraft is one of the rare entity level equity investments in the real estate sector

Fund Analysis: HDFC High Interest S/T Fund

Business Standard looks at the fund and its features

Former Sebi chairman U K Sinha, Asian Paints' Jalaj Dani join HDFC board

The board also re-appointed Keki M Mistry as the MD of the company for three years

HDFC: Rise in individual loans with focus on affordable housing is key

HDFC's full year's profit, which surged 63 per cent, was boosted by a one-time income of Rs 52.6 billion by selling stake in subsidiaries and IPO of its life insurance arm

HDFC valuations indicate upside for stock: Listing of biz units is positive

While investor sentiment is down on public sector banks (PSBs) and some private corporate lenders, there are others which are expected to continue creating value for its shareholders. Housing Development Finance Corporation (HDFC) is one such.The HDFC stock has gained about 30 per cent over the past year as compared to PSBs on the Nifty, down 13.5 per cent; private corporate lenders have gained 15.3 per cent. After reporting a strong set of numbers in October-December 2017 (Q3, see table), a sum-of-the-parts (SOTP) valuation of the company looks attractive.SOTP valuations take into account those of all other business units or subsidiaries or associates of a parent company, in proportion to the stake. Apart from positive business potential, recent developments make the case stronger for a higher valuation of the consolidated entity.First, the company raised equity capital of around ~130 billion, through QIP (qualified institutional placement) and preferential allotment, in the ...

HDFC raises Rs 18.94 billion via share sale to global investors

The board has approved and declared closure of the qualified institutional placement (QIP) issue today, HDFC said in a filing to stock exchanges

HDFC disburses Rs 28-bn loans to 14k home buyers under urban housing scheme

The Modi government had launched the housing for all by 2022 in June 2015 and the disbursement is from that period

HDFC net profit jumps 233% in in Oct-Dec quarter to Rs 56.70 billion

HDFC also announced that it had received an approval for the issuance of non-convertible debentures worth Rs 350 billion

HDFC hits new high post Q3 results

Thus far in the month of January 2018, the stock rallied 15% as compared to 6.5% rise in the S&P BSE Sensex.

HDFC m-cap crosses Rs 3 trn for first time on Rs 130-bn fundraising plan

Shares of HDFC gained 6% to an all-time high of Rs 1,870

HDFC surpasses Maruti Suzuki, Hindustan Unilever in m-cap ranking

With an m-cap of Rs 2,987 billion, HDFC now features at fifth rank in the list by replacing fast moving consumer goods company Hindustan Unilever from this prestigious club.

HDFC hits record high as board approves Rs 130 billion fund raising plan

The stock hit lifetime high of Rs 1,832, up 4% on BSE after its board approved fund raising worth Rs 130 billion through a combination of a preferential allotment and QIP.

HDFC to raise up to Rs 130 billion through preference shares, QIP

This will be the first equity raising by the country's largest pure-play mortgage lender in over a decade

HDFC raises Rs 111 billion from marquee investors

The company said the primary objective of the fundraising exercise is to participate in the preferential issue of HDFC Bank Ltd up to Rs 85 billion.

HDFC trades firm ahead of committee meeting for fund raising

The stock was trading 1% higher at Rs 1,756 on BSE ahead of committee meeting on January 13, 2018 to consider fund raising plans.

Subsidiaries now matter more for HDFC

Core business, performance of subsidiaries and capital deployment will be closely monitored in 2018

Q2 and Q3 will be bumper quarters for GDP: HDFC Chairman Deepak Parekh

Said life insurance is under-penetrated in the country and its future is good

HDFC Bank among RBI list of 'too big to fail' lenders along with SBI, ICICI

India's largest lender SBI and private sector major ICICI Bank were classified as D-SIBs in 2015