Page 5 - Hdfc Bank
Stocks to Watch: PVR, Inox, Airtel, Emami, DLF, HDFC Bank, Gail India, PSUs
PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.
 "Stocks to Watch: PVR, Inox, Airtel, Emami, DLF, HDFC Bank, Gail India, PSUs")
HDFC Bank plans to raise up to Rs 5,000 cr in capital via AT1 bonds
The lender will separately raise up to Rs 5,000 crore through infrastructure bonds carrying "AAA" rating.
 "HDFC Bank plans to raise up to Rs 5,000 cr in capital via AT1 bonds")
HDFC Bank, Kotak Mahindra and Axis Bank acquire 8% each in ONDC
All the three banks have invested Rs 10 crore each.
 "HDFC Bank, Kotak Mahindra and Axis Bank acquire 8% each in ONDC")
Stocks to Watch: Zomato, Eicher Motors, IndiGo, HDFC Bank, Dhani Services
Auto stocks too could be in limelight as the government shortlisted 75 firms under its PLI scheme for the sector.
Tech-ready: HDFC Bank lines up digital launches in two-three quarters
In the upcoming two/three quarters, the bank is looking to launch a revised version of its payment app, PayZapp
 "Tech-ready: HDFC Bank lines up digital launches in two-three quarters")
HDFC Bank biz in Karnataka tops Rs 2 trn, lender leads pvt sector in state
The bank's total advances in the state were Rs 73,655.39 cr in Q2FY22; lender enjoys 9% market share in total advances in Karnataka
 "HDFC Bank biz in Karnataka tops Rs 2 trn, lender leads pvt sector in state")
Why top lenders are laying the groundwork for digital-only banks
SBI is revamping its mobile application to turn to a complete digital bank, which will be named 'Only Yono'. HDFC Bank is working on a similar plan. What does this mean for future for banking?
 "Why top lenders are laying the groundwork for digital-only banks")
Recouping lost credit card share to be 'gradual', says HDFC Bank
Analysts expect the bank's underperformance to reverse
 "Recouping lost credit card share to be 'gradual', says HDFC Bank")
HDFC Bk: Analysts eye new launches as RBI lifts curb on digital initiatives
In December 2020, RBI had imposed restrictions on HDFC Bank on issuing new credit cards, and introducing new digital initiatives due to concerns over recurring IT-system outages
 "HDFC Bk: Analysts eye new launches as RBI lifts curb on digital initiatives")
HDFC Bank gains 3% as RBI lifts restrictions on new digital initiatives
This moves comes as a positive for HDFC Bank as this will paddle growth opportunities, said brokerage ICICI Securities.
 "HDFC Bank gains 3% as RBI lifts restrictions on new digital initiatives")
RBI lifts all restrictions on HDFC Bank's new digital launches
'Reserve Bank of India has lifted the restriction on the business generating activities planned under the Bank's Digital 2.0 programme,' announced HDFC Bank
 "RBI lifts all restrictions on HDFC Bank's new digital launches")
HDFC Bank says RBI has lifted all curbs on bank's new digital launches
'Reserve Bank of India has lifted the restriction on the business generating activities planned under the Bank's Digital 2.0 programme,' announced HDFC Bank
Strong recovery seen as bounce rates ease further in Feb; lowest in 32 mths
According to NACH data, the metric improved by 100 bps by value over Jan, to 22.4%. By volume, it stood at 29.2%, an improvement of 40 bps over Jan
 "Strong recovery seen as bounce rates ease further in Feb; lowest in 32 mths")
HDFC Bank aims to recoup credit card spend market share loss
Since August 2021, HDFC Bank's market share - in terms of spend - is down 170-basis points (bps).
 "HDFC Bank aims to recoup credit card spend market share loss")
SBI appoints Nitin Chugh as DMD to lead digital banking operations
Chugh would be responsible for driving growth of customer acquisitions through digital channels, along with defining and implementing digital strategies.
SBI appoints Nitin Chugh as DMD to lead digital banking operations
Chugh would be responsible for driving growth of customer acquisitions through digital channels, along with defining and implementing digital strategies.
SBI appoints Nitin Chugh as DMD to lead digital banking operations
Chugh would be responsible for driving growth of customer acquisitions through digital channels, along with defining and implementing digital strategies.
 "SBI appoints Nitin Chugh as DMD to lead digital banking operations")
Indian retail investors can trade in select US stocks via NSE-IFSC platform
The trading in unsponsored depositary receipts -- NSE IFSC Receipts -- has been launched in association with HDFC Bank, under the regulatory sandbox framework prescribed by the IFSCA
 "Indian retail investors can trade in select US stocks via NSE-IFSC platform")
HDFC Bank dips 5%, nears 52-week low; stock down 10% in one week
The stock has underperformed post management change, more so due to the RBI's embargo on its card/ digital initiatives and Covid-induced disruption.
 "HDFC Bank dips 5%, nears 52-week low; stock down 10% in one week")
NHPC inks pact with HDFC Bank to monetise RoE of Chamera-I Power Plant
State-owned NHPC on Thursday said it has inked a pact with HDFC bank to securitise return on equity of its 540-MW Chamera-I Power Plant in Himachal Pradesh for 10 years. "NHPC Ltd has signed a facility agreement today i.e. February 24, 2022, (on Thursday) with HDFC Bank Ltd to securitise the return on equity of Chamera-I Power Station (3 X 180 MW), Himachal Pradesh, for a tenor of 10 years," according to a BSE filing. The amount of the securitisation facility has been arrived Rs 1,016.39 crore or 5.24 per cent per annum discounting rate linked with three-month T-bills. In December 2021, NHPC's board had approved the proposal for monetisation by securitisation through bidding process of return on equity (RoE) of Chamera-1 Power Station (3 X 180 MW), Himachal Pradesh, and further to monetise RoE of one or more power stations for 5 or 10 or 15 years in one go or rollover.
