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Wednesday, April 24, 2024
TopicHDFC

Topic: HDFC

Banks among top performing shares in India as HDFC releases first results after merger

The private lender, which has the highest weightage in Nifty 50, was among the top gainers in the session, rising as much as 1.71%.

Aditya Puri was top performer at Citibank. At HDFC, he was dismissed as a flash in the pan

In ‘Adityanama’, Smiley Puri offers an insight into the remarkable life of her husband, the legendary Indian banker Aditya Puri.

HDFC chairman Deepak Parekh says merger to be effective from 1 July, reports CNBC-TV18

HDFC had, in April last year, announced the country's biggest ever merger with HDFC Bank, worth $40 billion.

UK’s abrdn exits HDFC Asset Management in $432 million stake sale

British asset manager abrdn plc, sold its entire 10.2% stake worth 35.47 billion rupees in the HDFC group.

HDFC-HDFC Bank move, a financial mega-merger that’s all in the family

The two HDFC elephants must be careful — not just of other banks, but of fintech rivals trying to set the tune for both lenders and borrowers.

Mortgage financier HDFC Limited all set to merge with HDFC Bank, shares soar

Once the deal is effective, HDFC Bank will be 100% owned by public shareholders and existing shareholders of HDFC will own 41% of the bank, according to a filing Monday.

HDFC Ltd to merge with HDFC Bank

New Delhi: The country's largest housing finance company HDFC Ltd will merge with the country's largest private sector lender HDFC Bank, according to a...

Indian banks ‘unprepared’ for climate-related risks, RBI must take action, new report says

None of the 34 banks Climate Risk Horizons analysed have assessed the resilience of their portfolios in the face of climate change. Only 2 have committed to stop funding new coal power plants.

Sensex hits 60,000-mark for first time, Nifty crosses 17,900

It took over 31 years for Sensex to traverse from 1,000 points to the historic 60,000 level. The benchmark was at 1,000 points back in 1990 and it touched the 30,000 mark in 2015.

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.

On Camera

Imtiaz Ali obsesses over vulgarity. Misses Chamkila’s cultural resistance against purity

‘Cassette culture’ discusses the boom of Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar saw the pinnacle of success by singing the sanitised Bhajans.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India and Japan hold 10th round of consultations on disarmament, non-proliferation, and export control

The two sides also discussed ways to strengthen cooperation in outer space security, conventional weapons, and export control

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.