Page 20 - Hdfc Bank

Top headlines: Economic recovery 'fragile', China opposes TikTok deal

Here are the top headlines of the day

Succession uncertainty over; HDFC Bank stk outperformance unlikely: Experts

The stock is, however, unlikely to outperform, say analysts, who feel the issues related to the moratorium induced across the financial sector due to Covid-19 pandemic will weigh on the sentiment

Mukesh Ambani's trusted aide PMS Prasad pledges 94% of his shares

Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.

Don't extend loan moratorium, it is being misused, Deepak Parekh urges RBI

Says some able borrowers are using it to deliberately delay payments

MARKET: Sensex slips 194 pts as financials fall; Nifty Bank tanks 813 pts

All that happened in the markets today

HDFC Bank slides 3% as Aditya Puri sells 95% of his stake in the bank

Aditya Puri, who is set to retire from the bank in October, has been the longest serving MD of a private bank in India

Market Ahead, July 27: Top factors that could guide markets this week

This week, domestic equity markets will largely be steered by corporate earnings, developments on US-China relations front and Covid-19 trends

Aditya Puri sells 7.42 million shares worth Rs 842.9 crore in HDFC Bank

Puri's term is set to end in October when he attains the age of 70 and he will be second chief executive after Indusind Bank's Romesh Sobti to retire this year

MARKET WRAP: Sensex trims losses, ends 12 pts down; Nifty closes at 11,194

All that happened in the markets today

Market Ahead, July 24: All you need to know before the opening bell

Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results

RBI seeks internal car loan investigation details from HDFC bank

The RBI is also seeking information on steps taken by HDFC Bank to remedy any issues identified during the investigation, the people added, asking not to be named.

WhatsApp to partner with more Indian banks in financial inclusion push

WhatsApp will also expand pilot projects with banking and other partners to cover financial services such as pensions and insurance

HDFC Life CRC to meet on July 23 for proposed Rs 600-cr fundraising plan

HDFC Life Insurance Company is scheduled to declare its earnings for first quarter of this fiscal year 2020-21 later in the day

HDFC Bank's Q1 provides some relief to investors despite higher bad loans

Notably, 97-98 per cent of the customers under moratorium have no overdue and have received their salary, indicating no major concern

HDFC Bank's Q1 brings some relief to investors despite higher bad loans

Lower moratorium, accelerated NPA recognition and higher provisioning coverage indicate lower asset quality impact, the bank indicates internal successor of Aditya Puri

HDFC Bank extends gains post June quarter result; stk surges 9.5% in 4 days

The stock was up 5% to Rs 1,153 after the lender reported 20 per cent year on year growth in net profit at Rs 6,659 crore for April-June quarter (Q1FY21) supported by operational income

Preferred successor internal candidate, has spent 25 yrs at HDFC Bank: Puri

Seeking to assuage concerns on training and business understanding, he also said the candidate has "learnt very well".

Aditya Puri highest paid banker for FY20 with Rs 18.92 cr in remuneration

The banker, who is set to retire in this October on turning 70, had earned Rs 42.20 crore by exercising stock options in 2018-19

HDFC Bank gets shareholders' nod for raising Rs 50,000 cr via debt

Last month, the board cleared capital proposal to be carried out over the next twelve months

Indian economy to recover very fast; we'll emerge stronger: Aditya Puri

HDFC Bank MD Aditya Puri said his group would emerge from the coronavirus crisis stronger than before