HDFC Bank Ltd News

Stocks to buy, sell: How to trade HDFC Bank, HUL, RIL shares today?

Stocks to buy today: Jigar S Patel of Anand Rathi suggests initiating long positions in HDFC Bank share price in the 1,850-1,875 range, with an upside target of 2,050

HDFC Bank discloses Sebi warning letter over regulatory non-compliance

Experts say an administrative warning is a less severe action than a fine. However, it serves as a formal notice of non-compliance

Sebi issues warning letter to HDFC Bank for regulatory non-compliance

HDFC Bank said that it will take necessary steps to address the concerns and directives mentioned in the letter

RBI Policy Impact: Financials gain, PSU Bank index rises 2% on CRR cut

Uco Bank, Indian Overseas Bank, Central Bank of India, Bank of Baroda, Canara Bank and Union Bank were up in the range of 2 per cent to 2.5 per cent.

HDFC Bank stock hits new all-time high, market-cap tops Rs 14 trillion

In the past six months, HDFC Bank has outperformed the market by surging nearly 20 per cent, as compared to 6.7 per cent rise in the BSE Sensex.

Pvt lender HDFC Bank launches rural and semi-urban focused savings account

The bank's network of over 4,600 branches in semi-urban and rural locations will serve as touchpoints to leverage this product, covering nearly two-thirds of India's population

HDFC Bank securitises new car loans of over Rs 12,700 crore via PTCs

The rating agency has assigned an "AAA/stable" rating to these PTCs, which have different maturity periods ranging between two and six years

Key reasons why Sensex fell 1,273 pts from day's high, Nifty below 23,900

After opening in green on Tuesday, the key benchmark indices - Sensex, Nifty bled heavily with the BSE Sensex dropping 1,053 points or 1.32 per cent at 78,767.49, from its day's high

HDFC Bank raises lending rate by 5 basis points on select maturity

Private sector HDFC Bank on Thursday raised the marginal cost of funds-based lending rate (MCLR) by 5 basis points (0.05 percentage points) on select maturity. The benchmark one-year tenor MCLR, which is used to price most consumer loans like auto and personal, has been retained at 9.45 per cent, according to the HDFC Bank website. However, the overnight MCLR has risen to 9.15 per cent from 9.10 per cent, while the one-month rate has been increased by 5 basis points to 9.20 per cent. Rates on other maturity buckets have been left unchanged, it said. The new rates are effective from November 7, 2024. The rate hike follows the decision of RBI to keep its benchmark lending rate unchanged at 6.5 per cent for the tenth consecutive time.

Citigroup sells HDFC Bank's shares worth Rs 275 crore via block deal

American multinational Citigroup on Monday offloaded private sector lender HDFC Bank's shares worth Rs 275 crore through an open market transaction. Citigroup, through its arm Citigroup Global Markets Mauritius, sold 15,79,953 shares of HDFC Bank, as per the block deal data available on the BSE. The shares were disposed of at an average price of Rs 1,742.6 apiece, taking the transaction value to Rs 275.32 crore. Ghisallo Master Fund LP acquired the shares of Mumbai-headquartered HDFC Bank at the same price. Shares of HDFC Bank fell 0.48 per cent to close at Rs 1,734.30 per piece on the BSE. On October 19, HDFC Bank reported a 6 per cent increase in the September quarter net profit to Rs 17,825.91 crore on a consolidated basis. On a standalone basis, the largest private sector lender's post-tax net profit grew to Rs 16,820.97 crore during the reporting period against Rs 15,976.11 crore in the year-ago period. The company's core net interest income grew 10 per cent to Rs 30,010 cr

HDFC Bank advises customers to stay vigilant against digital arrests

The country's largest private sector bank has shared tips on how its customers can protect themselves from the emerging online fraud

HDFC Bank outperforms market, rallies 5% in 4 days post Q2 results

HDFC Bank share price today: In the two days, the stock of the largest private sector lender has gained 3 per cent on the NSE

HDFC Bank stock up 3% post Q2 results as analysts raise share price target

HDFC Bank share price: Analysts believe the relative underperformance of HDFC Bank stock is likely to be capped as the there is visibility of earnings improvement ahead

Stocks to watch, Oct 21: HDFC Bank, Tech Mahindra, RBL, MCX, Alembic Pharma

HDFC bank reported a 5.3 per cent rise in profit to Rs 16,821 crore, with NII growing 9.9 per cent to Rs 30,107.9 crore. Gross NPA increased to 1.36 per cent, and net NPA rose to 0.41 per cent

HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25

In FY26, the bank's credit growth will be in line with system growth; in FY27, banks' credit growth to outpace system growth

HDB Financial Services aiming to raise up to Rs 12,500 cr via IPO

Last month HDFC Bank approved raising Rs 2,500 crore through an issue of shares in the IPO, marking the group's first public float in six years

HDFC Bank Q2FY25 results: Net profit increases 5% to Rs 16,820 cr

The bank's gross non-performing assets was 1.36 per cent in Q2FY25, up from 1.33 per cent in Q1FY25

HDFC Bank Q2 results preview: Muted qtr expected; loan-deposit ratio eyed

HDFC Bank share price: Ahead of the Q2 results, HDFC Bank share price gained 2.8 per cent during the three months to September

F&O Alert: FIIs net sell 3.5 lakh Nifty, Bank Nifty futures in just 3 days

Derivatives market update Oct 08: FIIs turn bearish on Indian stocks, long-short ratio in index futures dipped below 1 for the first time since August 14. Retail and proprietary trades turn bullish.

Securitisation volumes likely to have touched Rs 60,000 cr in Q2: Icra

HDFC Bank, in its quarterly update, said it has securitised Rs 19,200 crore of loans in Q2FY25 as a strategic initiative to lower its elevated credit-deposit ratio