Page 15 - Hdfc

HDFC Q4 profit rises 27% to Rs 2,862 cr, asset quality improves marginally

The net interest income of the mortgage lender for the quarter stood at Rs 3,161 crore against Rs 2,650 crore in Q4FY18

Despite few misses, loan book growth helps HDFC ride through a tough year

Profitability and asset quality passed the test of difficult operating conditions; loan growth remains key to buck the trend

HDFC Q4 profit jumps 27% to Rs 2,862 cr; interest income rises 19%

The board has proposed a final dividend of Rs 17.50 per share and the proposed final dividend is in addition to the interim dividend of Rs 3.50 per share declared earlier

HDFC Bank m-cap tops Rs 6-trillion as shares rise for 5th straight session

At closing price of Rs 2,226, the lender was valued at Rs 605,933 crore

HDFC's loan exposure to wholesale, developer segments may impact its stock

Since the beginning of this year, the housing finance firm's stock lost 6% against the 4% gain in Sensex

HDFC Life OFS retail investor portion garners 84% subscription

Retail investors bid for 8.4 million shares as against 10 million on offer, data from the exchanges showed

No cause for concern despite HDFC's below-par show; stock falls 1.5%

Housing loan demand remains strong, asset quality under control with healthy provisioning in place

HDFC Bank Q3 net profit rises 20% to Rs 5,586 crore

The bank had posted a net profit of Rs 4,642.6 crore in the October-December quarter of the last fiscal

HDFC to consider raising Rs 45,000 crore via issuance of NCDs on Jan 29

The company's Board will consider the issuance of NCDs on private placement basis in a meeting on January 29

Master of finance

Besides building the HDFC group into a formidable financial powerhouse, Deepak Parekh is also the key person that government and business leaders go to for advice

Dampener for home loan borrowers: HDFC hikes lending rates by 0.10%

The move comes amid a system-wide hike in lending rates due to tight liquidity

HDFC twins, ICICI Bank, L&T among 26 stocks near record highs

Avenue Supermarts, which owns and operates D-Mart supermarket chain, Nestle India, Bata India and Colgate-Palmolive (India) hit new highs on Wednesday.

NCLT dismisses HDFC Ltd's insolvency petition against RHC Holding

RHC Holding had contended in this matter that it is a non-banking finance company and thus it could not be brought under IBC code

HDFC Bank's new mobile app malfunction unfixed for over 6 days: Users

Currently, there is no mobile application available to HDFC bank customers and the bank has not uploaded the older version of the app till the new version is fixed

HDFC raises Rs 5 billion by issuing masala bonds; stock up by 0.57%

It will offer a coupon of 8.75 per cent per annum payable semi-annually for tenor of 5 years and one day

HDFC disburses Rs 11 billion subsidy to 51,000 home buyers under PMAY

The company on an average has been approving 8,300 loans on a monthly basis to the EWS and LIG segment, with monthly such average approvals at approximately Rs 13.54 billion

HDFC: Q2 operationally in line, one-off gains offset by credit loss

While expected credit loss was due to IL&FS, the company created additional buffer out of exceptional income

The brouhaha over the HDFC vote

If we want more nuanced shareholder voting, we need to ensure that pools of capital and their managers reside in India. This alone will ensure a win for Indian industry

Sukthankar's exit not linked to search for my successor: Aditya Puri

Sukthankar was considered the most likely successor to HDFC Bank Managing Director Aditya Puri, who retires in October 2020

Lessons from HDFC

Widely-held shareholding is not the ideal solution