Page 21 - Hdfc Bank

HDFC Bank PBT up 5.15% in April-June; provisions increase by 49%

Net profit for reporting quarter rises by 19.6 per cent to Rs 6,658.62 crore from net profit of Rs 5,568.16 crore in Q1FY20

HDFC Bank net profit up 20% in April-June, provisions increase by 49%

The bank's net revenue grows 8% from Rs 18,264.5 in the same quarter last year to Rs 19,740.7 crore

HDFC Bank Q1 preview: Moratorium to contain slippages; recovery trends eyed

For the Q1FY21, the bank is expected to report around 20 per cent year-on-year (YoY) growth in net profit. Besides, asset quality is seen stable owing to the moratorium being provided by the RBI

Private banks stare at washed-out Q1; moratorium, Covid-19 provisions eyed

Extension of moratorium, ICICI Securities points out, till August would push recognition of pain points, thereby leading to benign slippages and stable headline non-performing asset (NPA) numbers

Financial stocks crack; Nifty Bank tanks 4%; Axis Bank, SBI slide up to 5%

That apart, NBFC stocks such as Bajaj Financial Holding, Bajaj Finserv, M&M Finance, Choldamandalam Investment and Finance Company, and Bajaj Finance tumbled up to 5 per cent

HDFC Bank probes lending practices at vehicle-financing operation

The bank decided against proceeding with an earlier proposal to extend the employment of Ashok Khanna, an 18-year veteran at the bank, after the investigation was completed

HDFC Bank slides 3% on report of improper lending in vehicle finance unit

"The result of the investigation followed issues thrown up by an internal audit of the bank's vehicle-dealer lending, as well as allegations of conflicts of interest," the report said

ITC, HDFC Bank, and 62 other stocks face stiff resistance at 200-DMA

The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others

Operating buffers of top five banks to fall 15%, says India Ratings

Of the top five private banks, Ind-Ra rates HDFC Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank.

People's Bank of China sells stake in HDFC in June quarter following furore

It is difficult to ascertain whether the Chinese authority has entirely sold its stake or just trimmed it below 1 per cent

Investors advised caution, shouldn't be gung-ho about banks' Q1 updates

Moratorium extension and business flow from March may have influenced figures

MARKET WRAP: RIL, HDFC Bank help Sensex settle 466 pts higher; pharma slips

All that happened in the markets today

HDFC Bank shares gain 3% on strong loan growth in June quarter

Incremental disbursement to corporate/MSME is seen reducing margins, the bank said

HDFC Bank lends Rs 10,800 crore in June quarter; advances grow 21%

The Bank's advances expanded by 21 per cent, on year on year basis, to approximately Rs 10,04,500 crore as of June 30, 2020

Valuation or funds? Key question for pvt banks in a tug of war for capital

Replicating success in terms of investor demand and premium pricing may be tough as lenders prepare for mega fundraising

SC questioning RBI on moratorium unfortunate: HDFC chairman Deepak Parekh

In his frank address, Parekh was critical of the Supreme Court for questioning the Reserve Bank of India's (RBI) move to allow banks and housing finance companies (HFC) to charge interest

Axis Bank gets approval to raise up to Rs 15,000 cr to tide over Covid-19

In a meeting held on Thursday, the private lenders' board approved the capital raising plan through issue of equity shares/ depository receipts or any other instrument or securities

HDFC Bank plans to raise Rs 50,000 crore through AT1, infra bonds

The bank has sought shareholders' approval to issue unsecured perpetual debt instruments (part of AT1 capital), and tier-II capital bonds.

Eight of top 10 firms add Rs 1.76 trillion in m-cap; Reliance leads rally

Top losers were ITC, HUL

Fears about India's retail loan defaults overblown, says Macquarie

"the unanimous feedback has been that there has been a decline in the total loan book under moratorium from the 25-30% numbers reported as of end-May," analysts led by Suresh Ganapathy wrote in a note