HDFC may cut stake in HDB or segregate biz to meet overlap rule
2 days ago · Mumbai: India's most-valued lender, HDFC Bank, could consider bringing down its stake in HDB Financial Services to below 20% or segregate products between both entities if a draft central bank circular on the overlap of similar businesses is mandated as applicable guidelines, said an analysis by brokerage house Macquarie Capital. While HDFC Bank also has the option of merging HDB Financial ...
HDFC Bank Receives RBI Approval for Strategic Bank Investments
2 days ago · Hdfc Bank ( (HDB) ) has shared an announcement. HDFC Bank has received approval from the Reserve Bank of India (RBI) to acquire up to 9.50% of share capital or voting rights in Kotak Mahindra Bank ...
HDFC Bank Announcement, Latest News on HDFC Bank - The Economic Times
5 days ago · HDFC Bank and Reliance Industries led the advance, boosted by positive regional cues and subdued US inflation data. Metals also saw gains following a safeguard investigation launch. The depreciating rupee further supported IT sector growth.
HDFC Bank shares in focus after Q3 deposit growth outpaces loan …
4 days ago · HDFC Bank's deposit growth surpassed loan growth in the December 2024 quarter, with deposits increasing by 15.8% year-on-year and loans by 3%. Total gross advances stood at Rs 25.42 lakh crore, while deposits reached Rs 25.63 lakh crore. Retail loans grew by 10%, and corporate loans fell by 10.3%.
HDFC Bank gets Reserve Bank of India nod for stake hike in three …
4 days ago · In 2022, HDFC Bank announced plans to double its branch network within three to five years by adding 1,500-2,000 branches annually. The plan involves opening around 1,500-2,000 locations every year.
HDFC-HDFC Bank Merger Highlights: Completion of merger ... - Moneycontrol
Apr 4, 2022 · HDFC will acquire 41 percent stake in HDFC Bank through the merger, according to an HDFC Bank filing with the stock exchanges. The merger of HDFC into HDFC Bank is likely to create the...
HDFC Bank flags hit to asset quality, margins post merger; shares …
Sep 20, 2023 · India's top private lender HDFC Bank has warned that its merger with HDFC Ltd would hit key financial metrics including its margins and bad loan ratios, sending shares down 4% on Wednesday and...
HDFC to merge into HDFC Bank on July 1, create India’s financial ...
Jun 30, 2023 · The boards of Housing Development Finance Corp and HDFC Bank on Friday approved July 1 as the effective date of the two financial behemoths' $40 billion merger, the largest in India's corporate...
HDFC Bank Reports Strong Growth in Advances and Deposits for …
2 days ago · Hdfc Bank ( (HDB) ) has shared an announcement. HDFC Bank reported a growth in average advances under management to ₹26,276 billion for the December 2024 quarter, marking a 7.6% increase from ...
HDFC Leaps To 4th In World's Most Valuable Banks List After …
Jul 1, 2023 · In what is being called the biggest transaction in the history of India Inc, HDFC Bank will take over its parent, housing finance major HDFC, on Saturday. Following the reverse merger, the...