Page 9 - Hdfc

HDFC Bank and mortgage lender HDFC Ltd to merge

The HDFC Bank and HDFC Ltd. merger is expected to be completed by Q2/Q3 of FY24

HDFC Bank, HDFC rally up to 10% as board approves merger

The share exchange ratio for the amalgamation of HDFC with and into HDFC Bank shall be 42 equity shares of face value of Re 1 each of HDFC Bank for every 25 equity shares of face value of Rs 2 of HDFC

HDFC registers individual loan growth of 12% in Q4 at Rs 8,367 crore

During the March quarter, there was no sale of investments in subsidiary/associate companies, as per the filing

Sebi disposes of show cause notice issued to HDFC

Markets regulator Sebi on Wednesday disposed of a show cause notice that was issued to Housing Development & Finance Corporation (HDFC) with respect to alleged violations of share transfer agent norms. The watchdog had conducted an inspection of HDFC, which was registered with the regulator as Category II Registrar to an Issue and Share Transfer Agent, on September 30 to October 9, 2019, for the period April 1, 2018 to July 30, 2019. It was alleged that HDFC had violated certain provisions of listing obligations and disclosure requirements regulations and/or norms pertaining to Registrars to an Issue and Share Transfer Agents. Passing an order on Wednesday, Sebi's Adjudicating Officer Geetha G said that no monetary penalty is warranted in respect of the allegations levelled in the instant matter and disposed of the show cause notice that was issued in December 2021. According to the order, out of the allegations made in the show cause notice, the noticee (HDFC) was in violation of

Heavyweights pull Nifty, Sensex out of the red; Bharti Airtel rises 3.4%

After falling 537.11 points to a low of 56,825.09 in morning trade, the 30-share BSE barometer staged a recovery in afternoon trade and climbed 231.29 points or 0.40 per cent to settle at 57,593.49

HDFC approves retail home loans to the tune of Rs 2 trillion in FY22

The demand for housing loans is being driven by first time homeowners as well as by those who are looking to move up the property ladder.

Infy tops list of firms with strongest ESG scores, followed by M&M, Tech M

Overall, India's rank is 120 on the world Sustainable Development Goals (SDG) index with Finland topping the tables

Market cap of 10 most valued companies increases by over Rs 2.72 trn

Reliance Industries' m-cap swelled by Rs 54,904.27 crore to Rs 16,77,447.33 crore last week.

HDFC raises Rs 10,000 crore through debentures at 7.18%

Given the high standing of the company, the pricing was fine at 7.18 per cent, said bond dealers, adding that initial indication was 7.25-7.30 per cent on the yield.

HDFC slips 4%, hits 52-week low; down 11% in 8-days post Q3 results

The company had recently reported a 11 per cent jump in net profit at Rs 3,261 crore, on the back of higher income and lower-than-expected credit loss.

HDFC Group shares falter: HDFC at 6-month low; HDFC Life hits 52-week low

HDFC, HDFC Bank, HDFC AMC and HDFC Life were underperforming the market by falling in the range of 3 per cent to 4 per as against a 1.7 per ent decline in the S&P BSE Sensex.

Sensex snaps 3-day winning run, ends 770 pts down; Nifty tops 17,750

Among sectors, all the key indices ended in the red, led by the Nifty IT index (down 2 per cent) and the Nifty Realty index (down 1.7 per cent). Nifty Auto index was the only gainer, up 0.4 per cent.

HDFC stock could see some re-rating following encouraging Q3 show

Strong demand for home loans and improved collection efficiency augur well

HDFC Ltd's Q3 net up 11% YoY to Rs 3,261 cr, beats street estimates

Higher income and lower-than-expected credit loss cited for better show; NII up 7% to Rs 4,284 crore

Top headlines: Budget 2022 sparks concerns on inflation; HDFC Q3 net up 11%

Business Standard brings you the top headlines on Wednesday

Sensex ends 696 pts higher, Nifty above 17,750; PSU Bank index up 3%

Financial stocks were the show-stoppers today as six of the top 10 Sensex contributors were either banks or NBFCs

HDFC Q3 results: Net profit rises 11% to Rs 3,261 cr

Net interest income rose 5% to Rs 4,284 cr

CLSA upgrades HDFC, Nippon Life India AMCs from 'outperform' to 'buy'

CLSA believes domestic AMCs will have huge growth potential, given the huge underpenetration of MFs in the country

SBI, ICICI, HDFC Bank continue to remain systemically important banks: RBI

Such banks are perceived as 'too big to fail'

Home loans assigned by HDFC to HDFC Bank in Q3 up marginally at Rs 7,468 cr

The mortgage lender keeps liquidity buffers worth Rs 55,000 cr