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Lack of clear communication on merits of merger led to fall in twin stocks: HDFC CEO Keki Mistry
The fall in stock prices of HDFC Ltd and HDFC Bank after the announcement of their merger was due to…
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Personal Loans and Home Loans dominated festive lending: Report
Personal loans outshined all other products by witnessing nearly 2X growth in originations (value) during the festive season. According to…
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Indices stay on crash course; Infosys, HDFC twins top losers
Heavy selling in a couple of heavyweight counters, including Infosys, HDFC and HDFC Bank, sent the Sensex crashing on Monday,…
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Shift to safer assets hits margins and income in Q4: HDFC Bank
A pandemic-era shift to safer and better-rated assets resulted in a hit to margins and interest income in Q4FY22, HDFC…
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HDFC Bank Q4 net profit rises 23% to Rs 10,055 crore
HDFC Bank on Saturday reported a 22.8% year-on-year (y-o-y) growth in net profit for the quarter ended March to Rs…
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52-week highs, 52-week lows: NTPC, Powergrid among 169 stocks to hit 52-week high on BSE, 9 scrips at new lows
Indian benchmark indices were trading with losses on Thursday tracking weak global markets due to hawkish FOMC meeting minutes. The…
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Merger is coming together of equals, customers to be biggest beneficiaries: HDFC leadership team
The collapse of regulatory arbitrage between banks and non-banking financial companies (NBFCs) is the trigger for the HDFC-HDFC Bank merger,…
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Nifty close to crossing crucial support level: Benchmark extends gains for fifth day
The Nifty50 closed 240.85 points higher at 16,871.30 on Monday, which is about 100 points shy of its 200-day simple…
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Banks likely to curb pace of deposit rate hikes in near term
Some analysts think slowing the pace of deposit rate hike will likely result in lenders being forced to raise rates…
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Senior citizen? Now earn higher returns of up to 7.15% on tax-saving FDs
Tax-saving fixed deposits allow senior citizens to make an investment to save tax under Section 80C of the Income Tax…
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