Page 27 - Hdfc Bank
HDFC Bank net banking, mobile app suffer outages for a second day
The bank has apologised on Twitter and assured customers that the problem will be resolved soon
 "HDFC Bank net banking, mobile app suffer outages for a second day")
HDFC Bank sees signs of rural revival as wider economy remains sluggish
For HDFC Bank, the weaker economy had led to a slowdown in loan growth, which eased to 15 per cent in the September quarter from 23 per cent a year earlier
 "HDFC Bank sees signs of rural revival as wider economy remains sluggish")
HDFC Bank faces glitches in online transactions, says no cause for concern
However, in a series of tweets, the bank said only some of the customers are facing the glitches and that there is no cause for any undue concern
 "HDFC Bank faces glitches in online transactions, says no cause for concern")
Walmart, HDFC unveil co-branded credit card for 'Best Price' members
Walmart India,in partnership with HDFC Bank, on Monday launched a co-branded credit card exclusively for members of its Best Price Modern Wholesale "B2B Cash & Carry" stores, offering "free credit upto 50 days. The card was launched here at Best Price Storeby Krish Iyer, President and CEO, Walmart India, and Parag Rao, Country Head, Payments Business and Marketing, HDFC Bank. Simultaneously, the card was launched at 26 other Best Price Modern Wholesale Store locations across the country. "I think, for our members, it is absolutely momentous occasion because this is the first time, our members in the kirana segment,..., in the offices and institutions segments and all our small resellers will be able to avail credit through digital and for a period ranging between 18 and 50 days and this credit is free...," Iyer said. Walmart would continue to open more stores in the country, he said. It would soon open a store at Kurnool in Andhra Pradesh, he added. The overall ...
 "Walmart, HDFC unveil co-branded credit card for 'Best Price' members")
HDFC Bank appoints 6-member search panel to find MD Aditya Puri's successor
The bank has also promoted Jagdishan and Zaveri as executive directors on its board
 "HDFC Bank appoints 6-member search panel to find MD Aditya Puri's successor")
Karvy crisis: Bankers raise concern with NSE and Sebi over exposure
Karvy's companies have taken close to Rs 2,900 crore from banks, including ICICI Bank, HDFC Bank, and Lakshmi Vilas Bank
 "Karvy crisis: Bankers raise concern with NSE and Sebi over exposure")
Reliance Industries, ICICI Bank propel Nifty to fresh record high
Since September, FPIs have pumped in net amount of Rs 37,496 crore, while domestic mutual funds invested net amount of Rs 12,618 crore in equities, Sebi data shows.
 "Reliance Industries, ICICI Bank propel Nifty to fresh record high")
Indian economy is firming up, banking system safe: SBI, HDFC Bank chiefs
Credit demand is firming up and coming from roads, solar power projects, and the oil and gas sector, particularly city gas projects in the case of SBI
 "Indian economy is firming up, banking system safe: SBI, HDFC Bank chiefs")
Top stock recommendations from Anand Rathi: Buy Infosys, HDFC Bank
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
 "Top stock recommendations from Anand Rathi: Buy Infosys, HDFC Bank")
HDFC Bank's wholesale book has grown at 27% CAGR in three years
The bank has an optimistic outlook on the credit demand from the corporate and SME sector
 "HDFC Bank's wholesale book has grown at 27% CAGR in three years")
One-time restructuring should be allowed for some loans: HDFC chairman
Parekh said builders had erred in the past by over-leveraging and going on a land-buying spree.
 "One-time restructuring should be allowed for some loans: HDFC chairman")
HDFC Bank to shift HQ from where it had started its operations 25 years ago
An official clarified that the existing Lower Parel building will be used by the bank; not be sold or rented out
New normal in India's record debt sales keeps long-tenor bonds under stress
One possibility is that the size of borrowings year-on-year will remain high and there is unlikely to be a reduction in supply, says Ashish Parthasarthy, treasurer at HDFC Bank
 "New normal in India's record debt sales keeps long-tenor bonds under stress")
HDFC Bank adds 2% after PAT jumps 27% in September quarter
Provisions in the quarter, however, rose 3.33 per cent QoQ basis to Rs 2,700.81 crore. These included specific loan-loss provisions of Rs 2,038 crore and general and other provisions of Rs 662.7 crore
 "HDFC Bank adds 2% after PAT jumps 27% in September quarter")
Nifty Outlook and top trading ideas by CapitalVia Global Research Limited
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
HDFC Bank: As retail growth hits 3-yr low, key financials put to test in Q2
In short, HDFC Bank's Q2 show indicates the effect that loan growth slowdown could have on its financials
 "HDFC Bank: As retail growth hits 3-yr low, key financials put to test in Q2")
HDFC Bank's PBT surges 17% in Q2FY20; asset quality remains stable
Deposits grew 23%, and advances rose 19.5% year on year
 "HDFC Bank's PBT surges 17% in Q2FY20; asset quality remains stable")
HDFC Bank Q2 net up 27% to Rs 6,344 cr on loan growth, higher NIM
Gross NPA largely stable at 1.38 per cent of gross advances, net NPA at 0.42 per cent
 "HDFC Bank Q2 net up 27% to Rs 6,344 cr on loan growth, higher NIM")
HDFC Bank Q2 net up 27% to Rs 6,345 crore; net interest income up 15%
Provisions and contingencies for the quarter were up by as much as 48 per cent to Rs 2,700 crore, including loan loss provisions of Rs 2,038 crore
Investors bet big on HDFC Bank stock despite severe lending crisis
HDFC Bank's market value has surged over $21 bn in the past year
