Panacea Biotec may see some action on plans to launch a comprehensive coronavirus vaccine in association with THSTI.
Market regulator had fined lender Rs 1 cr for flouting directions in an interim order dated October 7, 2019; also directed bank to deposit Rs 159 cr along with 7% interest
In its order on Friday, SAT said the bank was justified in invoking the pledge made by the broker BRH
HDFC Bank on Friday said Srikanth Nadhamuni has resigned as a director from its board, citing potential future interests.
Commercial banks in India have revised their deposit rates upward by 5-15 bps in an indication that the interest rate cycle has turned amid uptick in loan demand
HDFC Chairman Deepak Parekh said after almost two years into the pandemic, there is now greater confidence of co-existing with the virus and the optimism of a return to near normalcy.
HDFC, HDFC Bank, HDFC AMC and HDFC Life were underperforming the market by falling in the range of 3 per cent to 4 per as against a 1.7 per ent decline in the S&P BSE Sensex.
HDFC Bank's quarterly show was in-line; Bajaj Finance was ahead on some metrics but low penetration of new app disappointed
In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.
A decline in payment and credit card-related fees from a year ago - as the bank gave fee waivers as an incentive - was a new niggle for the lender to contend with
HDFC Bank and HCL Technologies are likely to react to Q3 numbers this morning. While the former reported 18 per cent YoY growth in net, the latter too beat Street expectations.
According to RBI data, at the end of August 2021, HDFC Bank's outstanding credit card base stood at 14.74 million
Live news: HDFC Bank reports an 18 per cent rise in profit, year-on-year, for the third quarter; Maruti increases vehicle prices.
Net interest income jumps 13% to Rs 18,443.5 crore in Q3FY22, backed by a 16.5% growth in advances
The lender's net interest income, the difference between interest earned and interest expended, grew by 13% to Rs 18,443.5 cr in Q3FY21
Overall, analysts expect NIMs to be around 4.11-4.20 per cent. In Q3FY21, NIM was 4.2 per cent, and it was 4.10 per cent in Q2FY22.
HDFC Bank's integration with Central Board of Indirect Taxes and Customs ICEGATE platform has gone live, allowing customers to pay for their customs duty directly via the bank
Essentially, systemically important banks are the ones perceived as too big to fail. Such a perception creates an expectation of govt support for these banks at times of distress
HDFC Bank's retail loans grew by around 13.5 per cent yoy and 4.5 per cent over September 2021 based on its internal business classification.
The mortgage lender keeps liquidity buffers worth Rs 55,000 cr