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2 mins read
Debt, equity holders approve merger of IDFC with IDFC First Bank
The board of the bank presented the result of voting on the proposal for amalgamation before the…
PTI
1 min read
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…
1 min read
Merger of HDFC with HDFC Bank effective from July 1: Deepak Parekh
The merger of housing finance major HDFC with the country's largest private lender HDFC Bank will b…
PTI
3 mins read
HDFC-HDFC Bank merger to bring foreign inflows of up to $3 billion
India’s largest private-sector lender HDFC Bank and largest housing finance company HDFC are all se…
2 mins read
RBI refuses exceptions on CRR, SLR; gives some leeway on PSL, investments for merger: HDFC Bank
The Reserve Bank of India (RBI) has refused to grant any exceptions on cash reserve ratio (CRR) and…
PTI
2 mins read
HDFC-HDFC Bank merger gets NCLT clearance
The National Company Law Tribunal (NCLT) on Friday approved the merger of HDFC and HDFC Bank. This …
1 min read
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
2 mins read
Banks continue to spook markets after HDFC Bank’s LDR shock in Q3
HDFC Bank opened 2.5% lower on Thursday, after a sharp 9% plunge on Wednesday as its third quarter …
3 mins read
HDFC Bank Q3 consol net profit grows 2.6% sequentially to over ₹ 17,000 crore
HDFC Bank’s third quarter consolidated net profit went up 2.6% sequentially to ₹17,257 crore from ₹…
1 min read
HDFC raises Rs 25,000 crore via India's largest privately placed corporate bond issue
Housing Development Finance Corp raised its target of Rs 25,000 crore on Thursday, in what is the c…
ANI
1 min read
HDFC Bank is 7th largest lender post merger: Here is a list of the world’s top 10 banks
HDFC Bank has become the seventh largest bank in the world by market value after its merger. In thi…
2 mins read
RBI approves IDFC-IDFC First Bank merger
Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidi…
PTI
2 mins read
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…
3 mins read
Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends
HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…
3 mins read
Return ratios now even more starkly in favour of ICICI Bank compared to HDFC Bank
Shares of HDFC Bank have corrected from ₹1,661 on September 15 to ₹1,537 per share after the bank b…
5 mins read
HDFC Bank-HDFC merger news makes shareholders richer by over ₹1 lakh crore
There’s delight all around for the shareholders of HDFC group companies – for the past year or s…
3 mins read
Analysts suggest buying HDFC Bank shares on every dip as merger to strengthen housing loan portfolio
Today, two of India’s largest companies are merging to create a strong entity that will be a game c…
2 mins read
HDFC Bank closed Q1 with ₹11,951 crore net profit
Private sector HDFC Bank Ltd on Monday said it closed the first quarter of FY24 with a net profit o…
4 mins read
IDFC to merge with its banking arm in all-stock deal
IDFC First Bank has announced the merger of its parent company, IDFC Ltd, in an all-stock transacti…
PTI
6 mins read
HDFC twins wipe out ₹2.5 lakh crore investor wealth, push HDFC out of top 10 largest companies in India
$HDFCBANK.NSE has been trading between 1292& 1727 from Dec-2020 till now. infact low for April…