HDFC Bank: News

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.