Thu, Sep 21, 2023
HDFC Asset Management Company (HDFC AMC) has received the RBI's approval to acquire up to 9.5% stake in Karur Vysya Bank and DCB Bank each. This news has led to a surge in the stock prices of both banks, with Karur Vysya Bank rising by 1.57% and DCB Bank soaring by 3.47%.
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Thu, Mar 26, 2020
Nationwide lockdown for 21 days announced by the government in order to slow down and stop the spread of the coronavirus pandemic is not likely to increase non-performing assets (NPAs), HDFC Vice Chairman and Chief Executive Officer, Keki Mistry told Zee Business Executive Editor, Swati Khandelwal
Tue, Mar 17, 2020
HDFC will pick up 7.97 per cent stake in Yes Bank for a Rs 1,000 crore capital infusion in the cash-strapped lender.
Sat, Feb 09, 2019
Moreover, this transaction was undertaken during the period when the trust itself was suffering from a fund crunch. The situation was so bad that the EWT was not able to generate enough cash flow to service its own debt and was taking new debts from the group companies to service the existing obligations on a regular basis.
Wed, Feb 06, 2019
"This is in addition to the MoU signed with India's leading public sector lender State Bank of India by the company earlier this week," MG Motor India said in a statement
Sat, Feb 02, 2019
I feel that the fiscal discipline has been maintained and will be good for the market, said KK Mistry, Vice Chairman, HDFC Limited.
Wed, Jan 30, 2019
#ResultsOnZB | HDFC के VC & CEO केकी मिस्त्री ने ज़ी बिजनेस से एक्सक्लूसिव बातचीत में कहा, कंपनी में नकदी की कोई समस्या नहीं।
This is one stock that can make you rich moving ahead. Analysts are still optimistic about the stock due to its stable loan growth and asset quality.
Tue, Jan 29, 2019
The share price of NBFC-major Housing Finance Development Corp (HDFC) was taking massive heat from investors, after the company posted a weak Q3FY19 in terms of net profit.
HDFC recorded a net profit of Rs 2,113.8 crore in Q3FY19 which was not even half or down by 60.11% compared to net profit of Rs 5,300 crore in the same period a year ago.
Fri, Jan 11, 2019
There is always going to be a demand from people to get more benefits, reduce taxes but at the same time the government of the day has to take into account fiscal position, Mistry said.
Thu, Jan 10, 2019
Talks of a merger between Bandhan Bank and Gruh Finance has been for quite some time now, but it was on January 07 when an official announcement was made.
Abhishek Jain, Analyst at the HDFC Securities informed in a written press statement to the Zee Business online, "We expect the operating performance for most auto OEMs to bottom out in 3QFY19, led by demand normalization due to softening fuel prices, improving liquidity and new product launches.
Tue, Jan 08, 2019
The deal will take place as a share swap ratio, where for every 1,000 shares of GRHF shareholders will get 568 shares of Bandhan. In Motilal Oswal’s view, this is at an ~8% discount to the closing price of GRHF as of 7 Jan’19 and at a ~2.5% premium to the last six months average price.
Fri, Dec 28, 2018
Old debit and credit cards that don't have a chip embedded in them will only be valid till December 31, 2018.
Wed, Dec 26, 2018
In this segment watch the flow of markets today.
Fri, Dec 14, 2018
There are many banks that attract their customers by giving home loan through various offers.
Sat, Nov 24, 2018
The country may face massive cash crunch like post demonetisation period as half of India's ATMs could shut down by March 2019.
Fri, Nov 16, 2018
MUMBAI: IDFC vs HDFC BANK vs Bandhan Bank vs Yes Bank vs ICICI Bank fixed deposit rates compared: Good news awaits bank depositors. Interest rates on fixed deposits (FDs) are expected to rise further, helping depositors to earn more from their savings.
Thu, Nov 15, 2018
Petroleum stocks may continue to take momentum higher along with select private banks such as ICICI Bank, IndusInd and HDFC will be in limelight.
Fri, Nov 09, 2018
SBI vs HDFC Bank: Fixed deposits offer safety of principal and assured cash flows and these factors make it an attractive option. This is suitable for investors who are light risk taker when it comes to their hard-earned money.
Fri, Oct 19, 2018
Borrowing or lending of securities by an insider while in possession of price sensitive information about such stocks will attract the provisions of insider trading regulation, according to the markets regulator Sebi.
Tue, Oct 02, 2018
Costlier loans on cards: The largest public sector bank, SBI has also increased its Marginal Cost of funds based Lending Rate (MCLR) by 5 basis points with effect from October 1.
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