Page 12 - Hdfc

Benchmark indices snap four-session losing streak on China fillip

Gains in index heavyweights such as Reliance Industries and HDFC helped domestic indices post their biggest jump in two weeks

Financial groups: Focus shifts to their ability to boost parent's valuation

While lack of clarity on outlook of insurance business has weighed on valuations of parent firms, retail loan growth and fee income need to be closely watched

HDFC gains 3% as Q3 PBT jumps 219% YoY on fair-value gain from Gruh Finance

For the quarter under review, the company received a fair value gain of Rs 9,020 crore from de-recognition of investment in Gruh Finance, which got merged with private sector lender Bandhan Bank.

HDFC beats expectations in Q3; conservative provisioning offers comfort

Net interest income (difference between interest earned and expense) growth of 9 per cent YoY to Rs 3,239.9 crore was better than analyst expectations of around 8 per cent

HDFC pre-tax profit rises 219% at Rs 9,143 cr in December quarter

The mortgage lender received fair value gain of Rs 9,020 crore from derecognition of investment in Gruh Finance

Market Wrap, Jan 27: Sensex tanks 458 pts; HDFC Q3 profit rises 296% YoY

Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak

HDFC Q3 PAT at Rs 8,372.5 cr, Board nod to raise up to Rs 45K cr via NCDs

Fair value gain consequent to merger of Gruh, an associate, with Bandhan Bank at Rs 9,019.8 crore

HDFC dips 1% ahead of Q3 nos; analysts eye 20% YoY loan growth, weak NIM

Analysts expect the non-banking finance company (NBFC) to report healthy loan growth amid weak net interest income and weak margins.

HDFC Bank to tap Egon Zehnder to identify Aditya Puri's successor: Report

Puri, whose term comes to an end in October this year, is also an advisor to the search committee tasked with identifying a suitable candidate

HDFC completes acquisition majority stake in Apollo Munich for Rs 1,495 cr

Mortgage lender HDFC on Thursday said it has completed the acquisition of majority stake in Apollo Munich Health Insurance for Rs 1,495.81 crore. HDFC bought 50.80 per cent stake of Apollo Hospitals Group in Apollo Munich for Rs 1,485.14 crore and 0.36 per cent shareholding of employees for Rs 10.67 crore. On January 2, HDFC had informed that the company and its subsidiary HDFC ERGO has got approvals for acquiring a majority shareholding in Apollo Munich. "Subsequent to this approval (regulatory), Apollo Munich Health Insurance Co Ltd has been renamed as HDFC ERGO Health Insurance Ltd (HDFC ERGO Health) and will operate as a subsidiary of HDFC Ltd," HDFC said in a regulatory filing on Thursday. The acquisition comes after approvals from the Competition Commission of India, the RBI and the Insurance Regulatory and Development Authority of India. Anuj Tyagi, Executive Director & Chief Business Officer at HDFC ERGO General Insurance Company (HDFC ERGO General) has been appointed as .

Political, regulatory pressure impacting risk taking by firms: HDFC CEO

The comments come at a time when official estimates for FY20 project GDP growth hurtling to an 11-year low of 5 per cent

HDFC cuts interest rate by 5 basis points with effect from January 2020

For customers with loans above Rs 75 lakh, the effective rate will be 8.45 per cent. For women borrowers in each loan category, the effective rate is 5 bps lower

HDFC to raise Rs 5,000 cr via bonds to shore up long-term capital needs

The issue size of the bond issue is Rs 3,000 crore with an option to retain oversubscription up to Rs 2,000 crore

HDFC, subsidiary get approval for acquiring majority stake in Apollo Munich

HDFC will acquire 50.8% from the Apollo Hospitals group for Rs 1,336 crore and will buy out the 0.4% stake being held by the employees for Rs 10.84 crore

Regulators approve HDFC's 51% stake buy in Apollo Munich Health Insurance

In June 2019, HDFC had signed agreement with Apollo Hospitals Group to acquire its 51.2 per cent stake in the health insurance company for Rs 1,347 crore

Six of top-10 firms lose Rs 64,419 cr in m-cap last week; RIL takes big hit

While TCS, HDFC Bank were the other firms which witnessed a decline in their m-cap for the week ended Friday, HDFC, HUL, ICICI Bank and Infosys emerged as gainers

Confidence among bankers to disburse loans missing: HDFC's Renu Sud Karnad

Demonetisation, RERA, and GST did cause some uncertainty and people stopped buying homes, as they didn't see homes being delivered, says managing director of HDFC Renu Sud Karnad

HDFC to mop up Rs 2,500 crore by issuing bonds on private placement basis

The secured redeemable non-convertible debentures are to be allotted on a private placement basis on Friday for an issue size of Rs 2,500 crore, HDFC Ltd said in a regulatory filing on Tuesday

Four firms to list commercial papers on BSE for issue size of Rs 4,075 cr

The effective date for listing of the commercial paper at the exchange is December 17, the exchange said in a media release

Six of top-10 firms add Rs 65,060 cr in m-cap; RIL, HDFC top gainers

In the broader market, the BSE 30-share Sensex advanced 564.56 points or 1.39% last week