Monday, 5 December, 2022
TopicHDFC Bank Ltd.

Topic: HDFC Bank Ltd.

Private lender HDFC Bank reports profit up 20%, rising to Rs.106.05 billion

Net interest income also saw a 18.9% rise while advances grew at 23.4% with the bank seeing a high growth across retail, commercial, rural banking, wholesale loan among others.

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.

On Camera

YourTurn

Megha Thakur was no run-of-the-mill pretty face, but an influencer who touched many lives

21-yr-old Indian-Canadian Instagram star and TikTok celebrity Megha Thakur, who died this week, subverted the expectations of a content creator by opening up her mind and heart.

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

The National War Memorial at India Gate, New Delhi | Photo: Suchet Vir Singh | ThePrint

A walk around National War Memorial to read 8 stories of heroism on 51st anniversary of 1971 war

ThePrint walks around the National War Memorial at India Gate in New Delhi & looks back at the stories of those who sacrificed their lives in the war and were awarded top gallantry medals.
Illustration: Soham Sen | ThePrint

Gujarat election is anything but dull. BJP’s political neurosis about AAP is the hidden headline

Gujarat is the only state where Modi is directly in contention. Even if he wins, the team that runs him closest has much to gain.