Page 5 - Hdfc

Lifting of credit card ban may spark up to 32% rally in HDFC Bank: Analysts

The scrip surged 3 per cent at Rs 1,564.75 on the BSE in intra-day trade on Wednesday and was among the top gainers on the BSE barometer

HDFC Bank shares gain as RBI lifts curbs on new credit card issuances

Shares of HDFC Bank on Wednesday rose nearly two per cent in early trade as investors cheered the Reserve Bank's decision to allow the lender to issue new credit cards. With the lifting of the eight-month-long ban on HDFC Bank with respect to selling new credit cards, its shares climbed 1.61 per cent to Rs 1,539.10 apiece after opening at Rs 1,550. The scrip touched an intra-day high of Rs 1,564.75 apiece on the BSE. The market capitalisation stood at Rs 8,51,282.53 crore. On the NSE too, similar trends were witnessed as the shares gained 1.60 per cent to Rs 1,538.95 and reached an intra-day high of Rs 1,565.35. The scrip opened at Rs 1,556.70 apiece. In a regulatory filing on Wednesday, HDFC Bank said the Reserve Bank of India (RBI), through its letter dated August 17, has relaxed the restriction placed on sourcing of new credit cards. The central bank had issued orders in December and February to HDFC Bank on certain incidents of outages in the internet banking /mobile banking/

HDFC launches 'green and sustainable' deposits programme for retail clients

HDFC Ltd said individuals can earn interest at 6.55 per cent on their deposits, whose period can range from 3-10 years

Bank Nifty adjustment on Friday, several stocks likely to see churn

HDFC Bank, IndusInd Bank and AU Small Finance Bank to see highest inflows due to increase in weightage; SBI, ICICI Bank and Kotak Mahindra Bank may see highest outflows

Sensex atop Mt 54K amid FPIs' renewed appetite; HDFC rises 4.8%

Renewed optimism around the domestic economic outlook, following an improvement in high-frequency indicators underpinned more than 3 per cent jump this week, so far

HDFC gains 9% in three days on steady performance in June quarter

The funding advantage and adequate capital will aid growth and earnings while healthy provision buffer and improvement in collection will aid asset quality, analysts said

HDFC's bad loans increase in June quarter, but there's a silver lining

Growth trends still strong; it is well-capitalised, provision coverage is high

HDFC Q1 net flat at Rs 3,001 crore; individual home loans grow 22%

Company says said the profit numbers for Q1Fy22 are comparable with that of the previous year for reasons including higher effective tax rate.

Sensex up 364 pts, Nifty tops 15,850; auto, IT, realty stocks march ahead

In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade

HDFC Q1 profit falls 2% YoY to Rs 3,001 cr, misses estimates; NII up 22%

The number missed Street expectation, which had estimated up to 9 per cent YoY rise in PAT

Stocks to watch: HDFC, Adani Entp, IDFC First, Bandhan Bank, auto stocks

Hindalco Industries is planning to invest around Rs 8,000-10,000 crore in Hirakud, Silvassa and Mundra plants

HDFC enhances existing limit to borrow via medium-term bonds up to $2.8 bn

The country's largest mortgage lender HDFC Ltd on Wednesday said it has enhanced its existing limit to raise capital through medium-term notes to up to USD 2.8 billion (about Rs 20,875.65 crore).

IFC lends $250 million to HDFC Ltd to boost green housing finance

Green housing is regarded as a luxury market in the country, but has climate benefits. IFC said its partnership with HDFC would help change perceptions about the market.

India's economic fundamentals strong, recovery underway, says Deepak Parekh

Weak credit growth, however, remains the key laggard

Private lenders seen trouncing state peers in India's economic recovery

Many shareholders will be on the lookout for indications that private lenders have enhanced already stronger buffers to give them more wiggle room to step up lending in an eventual recovery

Stocks to watch: TCS, Shyam Metalics, Tata Motors, PNB Housing, HDFC

JK Tyre & Industries, on Wednesday, said it has widened its original equipment manufacturer (OEM) supply to Hyundai Motor India

Stocks to watch: Titan, RBL Bank, NMDC, HDFC, Gillette India, Sobha

The National Housing Bank has imposed a monetary penalty on HDFC of Rs 4.75 lakh for non-compliance with certain provisions

Markets extend gains for the second day; RIL, HDFC duo lead charge

A surging rupee, which snapped its four-day losing streak, also boosted the bulls, traders said

Stocks to watch: India Pesticides, HDFC, Avenue Supermarts, HCL Tech, ONGC

Commercial vehicle major Ashok Leyland on Friday said it has appointed former Aston Martin chief Andy Palmer as Executive Vice Chairman and CEO of its electric vehicle arm Switch Mobility

Market cautious on HFCs; concerns over growth, asset quality weigh

The major players all seem confident of fast revival in demand once conditions normalise