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HDFC Bank gains 1.5% after LIC gets nod to raise stake

HDFC Bank opened in the green on Monday morning, after LIC received a nod from the government to ra…

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Sensex tumbles over 1,000 points, Nifty falls below 22k amid election uncertainties

Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign…

PTI   


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Gold jumps ₹500 to scale record high of ₹65,650 per 10 grams

Gold prices on Thursday jumped by Rs 500 to Rs 65,650 per 10 grams in the national capital amid a r…

PTI   


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Outlook for bank credit offtake remains positive in 2024: CareEdge Ratings

Outlook for bank credit offtake remains positive in 2024 while deposit growth is expected to improv…

PTI   


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1 min read

HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank

The Reserve Bank of India (RBI) has approved HDFC Bank's proposal to acquire an up to 9.5 per cent …

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Investors' wealth erodes by ₹8.50 lakh crore as markets tumble

Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack…

PTI   


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Capital Small Finance Bank closes 7% below issue price on market debut

Capital Small Finance Bank’s stock slipped 7% on its debut on Wednesday morning. The stock listed a…

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HDFC Capital to hike stake in proptech startup Reloy by up to 2.4% from current 7.2%

HDFC Capital Advisors will increase its stake in proptech startup Loyalie IT Solutions (now renamed…

PTI   


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New beginnings: HDFC Bank’s net profit post-merger stands at ₹16,811 crore

In its maiden earnings report since its merger with HDFC, HDFC Bank reported consolidated net reven…

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4 mins read

Sensex, Nifty50 edge lower amid volatility: All Adani group stocks in the red

India’s benchmark indices Sensex and Nifty50 edged lower in mid-market trade on Tuesday. Almost all…

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HDFC Capital raises $376 million under alternative investment fund for affordable housing; ADIA is primary investor

HDFC Capital, a subsidiary of top mortgage lender Housing Development Finance Corporation, has ra…

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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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1 min read

HDFC MF gets Reserve Bank nod for raising stake in Federal Bank, Equitas SFB to 9.5%

Reserve Bank has accorded approval to HDFC Mutual Fund to raise its stakes in Federal Bank as well …

PTI   


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RS Sodhi steps down as managing director of Amul

R S Sodhi on Monday resigned as Managing Director of Gujarat Cooperative Milk Marketing Federation …

PTI   


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5 mins read

HDFC Mutual Fund launches its first non-cyclical consumer fund – Should you invest?

HDFC Mutual Fund has launched the HDFC Non-Cyclical Consumer Fund, an open ended equity scheme. The…

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6 mins read

ICICI Bank vs HDFC Bank: How India’s top two private lenders have performed in Q4

India’s largest private lenders ICICI Bank and HDFC Bank have both declared their March quarter and…

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4 mins read

Sensex, Nifty50 flat in morning trade: HDFC twins, Maruti Suzuki amongst top losers

India’s benchmark indices Sensex and Nifty50 were flat in morning trade on Tuesday amidst positive …

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2 mins read

HDFC to sell 10% stake in its private equity real estate firm to Abu Dhabi Investment Authority

HDFC, India’s largest private sector housing finance company, has entered into an agreement with Ab…

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1 min read

New India Assurance net profit drawn down by huge operating loss in the health insurance segment

Government-owned and listed insurer, the New India Assurance Company Ltd closed FY22 with a net pro…

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Seven brokerage and investment firms give 'buy' call for Aditya Birla Capital since it reported healthy earnings in fiscal year

ICICI Securities pegged the highest at Rs 169, whereas Credit Suisse the lowest at Rs 130. It poste…