Sunday, 3 July, 2022
TopicHDFC Bank Ltd.

Topic: HDFC Bank Ltd.

HDFC to double retail loans as consumer demand picks, Covid uncertainty declines

HDFC's retail loans grew around 9.3 per cent slower than its overall book's 14.4% in the June quarter, much lower than SBI (16.5%) & ICICI (20%) growth in that portfolio.

Higher interest, processing fee — How banks are making hay amid Covid as customers take a hit

From levying charges on cash deposit to processing fee on debt recast, both public and private lenders are finding a way to boost revenue.

This Indian banker is the world’s best, says The Economist

Launched in 1994, India's HDFC Bank is now the world’s 10th most valuable bank and has surpassed Citibank and HSBC in worth standing at about $90 billion.

Why this one analyst has been pessimistic about investing in HDFC Bank despite its profits

After 63% rebound, HDFC stock too expensive given the risks related to management change & asset quality as Indian lenders face a challenging phase, analyst Pankaj Agarwal says.

Your credit score won’t be impacted if you opt for loan restructuring. Here is why

Credit history only after debt recast would be taken into account for new loans. Banks will allow recast only if income impacted between February and August.

HDFC Bank probed ‘improper lending, conflict of interest’ in its vehicle loans unit

The probe followed an internal audit of the bank’s vehicle-dealer lending, as well as allegations of conflicts of interest in purchase of GPS systems.

People’s Bank of China sells some of its stake in HDFC Ltd

HDFC shares fell as much as 2.2% in Mumbai in early trading Friday. The stock dropped 40% from its January record high to its April low but has since rebounded 27%.

What crisis? HDFC Bank is ramping up corporate loans while rivals are retreating

HDFC Bank’s lending to large & small companies surged 63% over 2 years through 31 Dec as economy went from world-leading growth to slowest expansion in 6 years.

Goldman Sachs consumer banking chief in running for HDFC’s CEO position

HDFC Bank has a market capitalisation of about $86 billion, giving it a bigger standing than major US banks like Goldman and Morgan Stanley.

HDFC’s continuing digital glitch keeps customers locked out, and even some business

HDFC could take a hit with customers being unable to login into the netbanking website and app since Monday.

On Camera

YourTurn

Representational image of a protest against rise in prices of fuel and LPG, in Kolkata | ANI

You thought inflation’s high in India? Data shows at least 100 countries doing worse

Lebanon faces worst inflation rate in the world, followed by Zimbabwe and Sudan, according to 'Trading Economics', which sources data from governments.

Defence

The Sikorsky S-76D chopper | Credit: Twitter/@PawanHansLtd

Pawan Hans chopper crash not an anomaly, doesn’t bode well for govt-owned firm’s disinvestment

Crash that killed 4 one of several Pawan Hans chopper accidents in last few decades. These incidents, coupled with losses, operational issues & legal hurdles, may delay disinvestment.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
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