HDFC Bank: News

Market cap of 4 of India's most-valued firms surges ₹81,151cr

Four of India's top 10 most valued companies saw their combined market capitalization skyrocket last week.

HDFC Bank's Q2 results: Net profit rises to over ₹16,800cr

HDFC Bank has reported a 5% year-on-year (YoY) increase in its net profit for the second quarter of FY25, reaching ₹16,821 crore.

India's top 7 firms lose ₹1.22L crore in market valuation

Last week, seven of India's top 10 most valued firms saw a massive dip in their combined market valuation.

Repo rate unchanged: How it impacts your home loan EMI?

The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% for the 10th consecutive time.

SEBI greenlights NSDL's ₹3,000 crore IPO

The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) of National Securities Depository Limited (NSDL).

Nine of India's top 10 firms lose ₹4.75 lakh crore

Nine out of India's 10 most valuable companies experienced a significant drop in their market valuation last week, with a total loss amounting to nearly ₹4.75 lakh crore.

HDFC Bank sells ₹15,060 crore loan assets amid regulatory pressures

HDFC Bank has sold a housing loan portfolio worth ₹6,000 crore and car loans valued at ₹9,060 crore. The move is part of the bank's strategy to reduce its credit load amid regulatory pressures on the industry.

Lucknow: HDFC Bank employee dies at work; colleagues blame stress

An HDFC Bank employee in Lucknow, Sadaf Fatima, died after falling off her chair while working in the office on Tuesday.

HDFC Bank plans to offload ₹70,000cr loan assets, shares surge

HDFC Bank's shares witnessed a 1.25% increase today, following news of the bank's intention to sell loan assets worth ₹60,000-₹70,000 crore.

Market cap of India's top 6 companies climbs ₹1.97L crore

Six of India's top 10 most valued firms, experienced a significant increase in their combined market valuation last week, adding ₹1.97 lakh crore to their worth.

UPI transaction limit increased to ₹5L lakh for these categories

The National Payments Corporation of India (NPCI) has announced an increase in the transaction limit for certain Unified Payments Interface (UPI) payments, including tax payments.

Market cap of top 9 companies jumps ₹2L crore

Nine out of the top 10 most valued Indian companies, experienced a significant increase in their market capitalization last week.

RBI warns HDFC Bank on recovery practices, fines ₹1 crore

The Reserve Bank of India (RBI) has imposed a fine of ₹1 crore on HDFC Bank for violating guidelines concerning the behavior of recovery agents.

Your EMIs on loans from HDFC Bank may go up

HDFC Bank has announced an increase in the marginal cost of funds-based lending rate (MCLR) for a three-month tenure by five basis points.

India to have 200M credit cards by 2029

India's credit card industry is on a rapid growth trajectory, with projections indicating that the number of cards will reach 200 million within five years.

LPG price-hike, credit card rules: Key financial changes this September

As we step into September, several significant developments are set to impact personal finances.

What makes this Gujarati rural area Asia's richest village

Madhapar, a seemingly ordinary village nestled on the outskirts of Bhuj in Gujarat, India, holds a surprising distinction—it's considered the richest village in Asia.

You can now avail loans in 6 minutes on ONDC

The Open Network for Digital Commerce (ONDC) has ventured into the financial services market with a fully digital and paperless credit offering.

India's top 8 companies lose ₹1.28L crore in market cap

Eight of India's top 10 most valued firms, witnessed a significant drop in their market capitalization (mcap) last week, resulting in a combined loss of ₹1.28 lakh crore.

August 2024: Key financial changes that will impact you

August 2024 brings several significant financial changes that will affect individual taxpayers, non-life insurance policyholders, and credit card users in India.

HDFC Bank's Q1FY25 results: Net profit surges 35% to ₹16,175cr

HDFC Bank, the largest private sector lender in India, has reported a significant 35% year-on-year (YoY) increase in net profit for the quarter ending June 2024 (Q1FY25).

Sensex closes below 80,000 mark, Nifty ends flat near 24,325

On Friday, major indices of the stock market ended flat with the Sensex settling at 79,996.60 points and the Nifty closing at 24,323.85 points.

Sensex, Nifty break gaining streak; HDFC Bank tanks nearly 5%

On July 5, benchmark indices Nifty and Sensex ended their two-day gaining streak, with the Sensex falling by 0.57% to 79,590 and the Nifty slipping by 0.44% to 24,194.

Sensex closes at 80,050 points, Nifty settles above 24,300 mark

On Thursday, the stock market ended on a sluggish note as the Sensex settled at 80,049.67 points after opening at a fresh record high of 80,300.

Sensex reaches fresh record high, opens above 80,300

The S&P BSE 30 share benchmark index, also known as the Sensex, opened at an unprecedented high of over 80,300 on Thursday morning.

Sensex crosses 80,000 for first time; Nifty hits record high

On July 3, India's benchmark indices, the Sensex and Nifty, reached unprecedented heights due to positive global cues.

HDFC Bank downtime alert: Over 12-hours outage on July 13

HDFC Bank has announced a system upgrade scheduled for Saturday, July 13, as communicated to its customers via email.

M-cap of HDFC, ICICI, and Infosys soars by ₹1.06L crore

In the previous week, the combined market capitalization of three leading firms in India saw a significant increase of ₹1,06,125.98 crore.

Sensex closes at 77,337 points, Nifty settles above 23,500 mark

On Wednesday, the stock market closed on a flat note. The Sensex settled at 77,337.59 points, and Nifty ended at 23,521.6 points.

TCS, HDFC Bank, Airtel, Infosys among world's top 100 brands

Four major Indian companies have occupied positions on the list of the 100 most valuable brands globally this year, per Kantar BrandZ Most Valuable Global Brands 2024 report.

Market valuation of top Indian firms skyrockets by ₹3.28 trillion

Eight of India's most valued domestic firms collectively added ₹3.28 lakh crore to their market valuation last week, led by Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries.

M-cap of top firms plummet, Reliance Industries suffers major loss

Last week, eight out of the 10 most valued companies in India, saw a significant drop in their combined market capitalization, amounting to a total loss of ₹2,08,207.93 crore.

Sensex falls over 600 points, Nifty settles below 22,500 mark

On Thursday, the stock market witnessed a downward trend as the Sensex and Nifty indices closed on a negative note.

Sensex, Nifty scale fresh all-time highs: What's driving the rally

Indian blue-chip indices, the Sensex and Nifty 50, achieved new record highs on Monday fueled by positive global market cues and continued investor optimism.

HDFC Bank launches 'PIXEL' virtual credit cards: Know benefits

HDFC Bank has introduced 'PIXEL Play' and 'PIXEL Go,' marking the debut of India's first fully digital credit cards.

Sensex closes at 75,410 points, Nifty settles near 22,960 mark

On Friday, major indices of the stock market, the Sensex and the Nifty, ended flat.

Infinix GT 20 Pro debuts at ₹25,000: Check full specs

Infinix has introduced the GT 20 Pro, the newest addition to its gaming-centric GT series, in India.

Private banks surpass PSBs in FY24 net profit growth

Private banks in India have outperformed public sector banks (PSBs) by reporting a higher net profit growth in fiscal year (FY) 2024, as per a Moneycontrol analysis.

M-cap of 8 top Indian firms skyrockets ₹1.48 lakh crore

Eight of the top-10 most valued companies in India experienced a significant surge in their market capitalization last week, collectively adding ₹1,47,935.19 crore.

Market cap of top Indian firms plummets by ₹1.73L crore

Last week, six of the top-10 most valued companies in India, experienced a drop in their combined market valuation, with a total loss amounting to ₹1,73,097.59 crore.

RBI data shows significant surge in housing sector credit

The Reserve Bank of India (RBI) has reported a substantial increase in credit outstanding to the housing sector.

Sensex gains 560 points, Nifty settles above 22,330 mark

On Monday, the benchmark Sensex and Nifty indices saw gains.

HDFC Bank reports marginal rise in Q4 net profit, NII

HDFC Bank has disclosed its Q4 results, indicating a slight uptick in net profit and net interest income (NII).

Market valuation of 7 Indian firms skyrocketed by ₹59,404 crore

In a week shortened by the Eid-Ul-Fitr holiday, seven of India's ten most valued firms witnessed a combined market valuation surge of ₹59,404.85 crore.

Sensex crosses 75,000 mark for first time

The Indian stock market reached a significant milestone on Tuesday as Sensex surpassed the 75,000 mark for the first time.

Nifty, Sensex hit fresh high today: What's fueling the rally?

India's major stock market indices, the Sensex and Nifty, started the week by setting new records.

HDFC Bank and LIC led market cap boost last week

Last week, four of India's most valued companies, including HDFC Bank and Life Insurance Corporation of India (LIC), experienced a significant increase in their market valuation.

Sensex closes flat near 74,250 mark, Nifty settles above 22,500

On Friday, major indices of the stock market ended flat. While the Sensex gained 20.59 points to end at 74,248.22 points, the Nifty traded flat at 22,513.7 points.

Sensex crosses 74,200 mark, Nifty settles above 22,500

On Thursday, the benchmark Sensex and Nifty indices saw gains.

Adobe's Prativa Mohapatra lauds India's booming digital literacy

Managing Director of Adobe India, Prativa Mohapatra, on Wednesday highlighted the significant growth of digital literacy in India, despite ongoing challenges with conventional literacy.

HDFC Bank to divest entire stake in education subsidiary

HDFC Bank has disclosed its intention to sell its entire stake in HDFC Education and Development Services Private Ltd.

HDFC Bank advises customers against NEFT use on April 1

HDFC Bank has issued a warning to its customers about potential disruptions to the National Electronic Funds Transfer (NEFT) service on April 1, 2024.

Paytm secures NPCI approval to operate as third-party UPI app

The National Payments Corporation of India (NPCI) has given the green light to One97 Communications Limited, the parent company of Paytm, to function as a Third-Party Application Provider (TPAP) for Unified Payments Interface (UPI) services.

Sensex closes near 73,900 points, Nifty settles at all-time high

On Monday, the stock market ended flat but in green. Sensex settled at 73,872.29 points, while the Nifty stood at 22,405.6 points, a new all-time closing high.

Sensex regains 73,000 mark, Nifty closes at all-time high

On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.

Why HDFC Bank is buying stakes in these six banks

The Reserve Bank of India (RBI) has given approval to HDFC Bank to acquire up to 9.5% stakes in six banks.

India's FII outflows hit record high this January: Here's why

In January, India's equity markets saw the largest outflows in Asia, with foreign institutional investors (FIIs) withdrawing $2.62 billion from Indian exchanges.

RBI approves LIC's acquisition of 9.99% stake in HDFC Bank

Life Insurance Corporation of India (LIC), the nation's leading insurer, has been granted permission by the Reserve Bank of India (RBI) to acquire an aggregate 9.99% stake in HDFC Bank.

HDFC Bank's 3% decline triggers 750-point fall in Nifty Bank  

A 3% drop in HDFC Bank's shares, along with a sell-off in other banking stocks, has led to a decline in Nifty Bank.

Top 5 firms' market value declines by Rs. 1.68L crore

Last week, the market value of five leading companies, including HDFC Bank, Reliance Industries, Hindustan Unilever, and State Bank of India, dropped by a staggering Rs. 1.68 lakh crore.

HDFC Bank gets 'buy' rating with 35% upside

Why HDFC Bank shares are down nearly 7% today

HDFC Bank's stock fell 6.86% today to Rs. 1,563.90 in the aftermath of its Q3FY24 results which left investors disappointed.

HDFC, Reliance in fray to become India's first trillion-dollar company

ICICI Securities predicts that one of three Indian giants—HDFC Bank, Reliance Industries, or Bajaj Finance—could become India's first company to achieve a market value of $1 trillion by 2032.

M-cap of 8 most valued firms surges to Rs. 1,29,000cr

During the recent holiday-shortened week, the combined market valuation of eight of the top 10 most valued Indian companies jumped to Rs. 1,29,899.22 crore.

There will be blasts: Mumbai Police receives threat call

A high alert has been issued in Mumbai, Maharashtra, after the Mumbai Police received a call on Saturday threatening bomb attacks in the city amid New Year celebrations.

Bank Nifty hits all-time high, crosses 48,000 for first time

On December 15, the Bank Nifty index soared to a record high of 48,219.95, fueled by a surge in HDFC Bank stock due to the FTSE rejig.

Market cap of 7 top-valued firms rise Rs. 3L crore

Last week, seven of India's top 10 most valued companies saw their combined market value increase by a whopping Rs. 3,04,477.25 crore.

HDFC Bank posts its highest-ever quarterly net profit in Q2

HDFC Bank has announced its financial results for the second quarter of the fiscal year 2023-24 (Q2FY24), showing an impressive 50.6% increase in standalone net profit.

Swiggy's credit card offers 10% cashback, free Swiggy One membership

Leading food delivery service Swiggy has announced a co-branded credit card in partnership with HDFC Bank.

HDFC becomes first to introduce CBDC-UPI interoperability: How it works

It hasn't been that long since the Reserve Bank of India rolled out the wholesale and retail versions of Central Bank Digital currency (CBDC) or digital rupee.

HDFC will be world's 4th most valuable bank after merger

The merger between HDFC and HDFC Bank is set to become effective from July 1. The resulting entity will be one of the largest banks in the world in terms of equity market capitalization.

UPI-powered Apple Pay, Apple Card could debut in India soon

Tech giant Apple has been eyeing India's payment sector for a while. The company is now planning to enter the crowded space from two sides: Apple Pay and credit card.

Sensex falls nearly 700 points, Nifty settles below 18,100 mark

On Friday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 1.14% to 61,054.29 points, the Nifty fell 1.03% to 18,069 points.

HDFC Q3 results: Profit jumps 19% to Rs. 12,735 crore

HDFC Bank has announced its financial results for the current fiscal year's third quarter.

India records highest-ever M&A activity this year at $152bn

In 2022, we saw Indian companies making some big moves despite the global economic slowdown. The deal-making activity was at an all-time high.

Mukesh Ambani-led Reliance Industries is India's most valuable company

Mukesh Ambani's Reliance Industries has emerged as India's most valuable listed company in India, as per Hurun India's '2022 Burgundy Private Hurun India 500' list.

Sensex falls to 59,119 points, Nifty ends at 17,629

On Thursday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.57% to 59,119.72 points, the Nifty fell 0.5% to settle at 17,629.8 points.