October 21, 2024 New Delhi, India HDFC Bank Q2 Results HDFC Bank, India’s largest private lender, announced its financial results for Q2 FY25, reporting a 5.3% rise in standalone net profit to ₹16,821 crore, compared to ₹15,976 crore in the same period last year. The bank’s net interest income (NII) also grew by 10% year-on-year,…
October 15, 2024 New Delhi, India Q2 FY25 HDFC Life Insurance Company has reported a strong financial performance for the second quarter of FY25, with a net profit of ₹433 crore, a 15% year-on-year (YoY) growth from ₹377 crore in the same period last year. The company’s solid performance continued in the first half of…
October 8, 2024 New Delhi, India NSDL IPO The National Securities Depository Ltd (NSDL), India’s largest depository, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Initial Public Offering (IPO). The IPO will involve an offer for sale (OFS) of 57,260,001 shares, allowing major shareholders, including IDBI…
July 20, 2024 New Delhi, India Q1 Results HDFC Bank has announced its financial results for the first quarter of fiscal year 2024-25 (Q1FY25), revealing a slight decline in net profit and a modest rise in net interest income (NII). These results provide insights into the bank’s performance amid evolving market conditions. Key Financial Highlights:…
April 20, 2023 New Delhi, India HDFC Bank Q4 Results: Key Highlights and Analysis HDFC Bank released its quarterly results for the January-March period of the financial year 2023-24, showcasing a mix of performance metrics. Here’s a breakdown of the key highlights and analysis: Net Profit and Net Interest Income (NII): The bank reported a…
January 18, 2023 New Delhi, India Stock Market Highlights In a third consecutive day of losses, the Indian stock market witnessed a decline as the S&P BSE Sensex slipped 314 points, closing at 71,187 levels, while the Nifty50 ended at 21,462, down 110 points. Reasons Behind the Decline: HDFC Bank Continues Slide: HDFC Bank shares…
January 17, 2023 New Delhi, India Market Reacts as HDFC Bank Shares Witness Sharp Decline Post Q3 Results In a notable market development, HDFC Bank’s shares experienced a significant drop of 8.46% to close at ₹1,536.90 on the BSE, following the release of its Q3 results on Wednesday. The decline, though substantial, comes despite the…
October 17, 2023 New Delhi, India HDFC Bank’s Q2 FY24 Results Exceed Expectations HDFC Bank, India’s leading private sector bank, has unveiled its financial performance for the second quarter of FY24, showcasing impressive results that have outperformed market forecasts. Let’s delve into the key highlights: Net Profit Grows by 6% YoY HDFC Bank reported a…
Global Uncertainty and HDFC Bank’s Impact In a day marked by heightened global uncertainty and cautious sentiments, the Indian stock market saw a significant downturn on September 20, 2023. The benchmark indices, Nifty and Sensex, closed with substantial losses, mirroring the trend in international markets. Key Market Metrics: Sensex and Nifty in Freefall The Sensex…
Here is a list of the 10 most important stocks to watch today: HDFC Bank: On Tuesday, the private lender HDFC Bank said that the bank’s board of directors plans to raise 50,000 crore through private placements of bonds in the next twelve months. In a regulatory filing, HDFC Bank said that the private lender’s…
