Interest earned for the quarter came in at Rs 8,128.77 crore, up 9 per cent year-on-year. ...More

Interest earned for the quarter came in at Rs 8,128.77 crore, up 9 per cent year-on-year. ...Less

Dividend income increased to Rs 687 crore from a mere Rs 16 crore last year mainly as unlike last year, a ...More

Dividend income increased to Rs 687 crore from a mere Rs 16 crore last year mainly as unlike last year, a majority of the company's subsidiaries paid dividend in the first quarter. HDFC Bank, the largest among the subsidiaries is the only one which did not pay dividend in the first quarter. ...Less

Analysts in an ET NOW poll had estimated a net of Rs 3,040 crore. ...More

Analysts in an ET NOW poll had estimated a net of Rs 3,040 crore. ...Less

The profit number will be lifted by Rs 1,895-crore proceeds the housing major received from stake sale in ...More

The profit number will be lifted by Rs 1,895-crore proceeds the housing major received from stake sale in Gruh Finance. ...Less

Gross individual non-performing loans (NPLs) stood at 0.98 per cent of the individual portfolio, while th ...More

Gross individual non-performing loans (NPLs) stood at 0.98 per cent of the individual portfolio, while the gross non-performing non-individual loans stood at 4.44 per cent of the non-individual portfolio. In value terms, gross NPLs stood at Rs 10,288 crore, which was equivalent to 1.78 per cent of the portfolio. ...Less

The board of the NBFC approved raising of external commercial borrowing up to $1.5 billion. ...More

The board of the NBFC approved raising of external commercial borrowing up to $1.5 billion. ...Less

Net profit in the year-ago quarter was Rs 3,052 crore at HDFC. A poll of analysts by Bloomberg had predic ...More

Net profit in the year-ago quarter was Rs 3,052 crore at HDFC. A poll of analysts by Bloomberg had predicted net profit at Rs 2,605 crore. Net interest income (NII), or the lender’s core earnings from lending, climbed 22 per cent and net interest margin surged to 3.70 per cent up from 3.10 per cent reported a year earlier, paced by growth in loans to individuals. ...Less

IDBI Capital Markets expects a loan growth of 19 per cent YoY from HDFC. ...More

IDBI Capital Markets expects a loan growth of 19 per cent YoY from HDFC. ...Less

Edelweiss said HDFC’s relatively safer assets provide comfort and Covid-19 does deepen its competitive mo ...More

Edelweiss said HDFC’s relatively safer assets provide comfort and Covid-19 does deepen its competitive moats. The crisis has touched HDFC too, it said, but the outcomes have been better than initially thought of. ...Less

“The feel-good factor which is so very important when someone makes a decision to buy a house is very hig ...More

“The feel-good factor which is so very important when someone makes a decision to buy a house is very high today. People’s jobs are stable, income levels are rising and that is giving them the confidence to go ahead and look to buy a house. Also, the earlier fear in peoples’ minds that there is an oversupply, particularly in the Mumbai and the Delhi market, has now gone away.” ...Less

HDFC Bank shares have surged 3% in two days post-Q1FY26 results, driven by strong earnings, a maiden bonu ...More

HDFC Bank shares have surged 3% in two days post-Q1FY26 results, driven by strong earnings, a maiden bonus issue, special dividend, and bullish brokerage commentary. Analysts expect improved credit growth, easing NIM pressures, and merger synergies to further boost the bank’s performance in coming quarters. ...Less

Out of the 27 Nifty50 companies that have reported their quarterly numbers so far, 12 have reported resul ...More

Out of the 27 Nifty50 companies that have reported their quarterly numbers so far, 12 have reported results that beat Street expectations, seven fell short of meeting investor expectations. Two companies reported in-line results while the rest six came out with a mixed set of numbers. ...Less

Net interest income (NII) for the quarter rose 10 per cent to Rs 3,392 crore compared with Rs 3079 crore ...More

Net interest income (NII) for the quarter rose 10 per cent to Rs 3,392 crore compared with Rs 3079 crore in the same quarter last year. ...Less

Nirmal Bang Institutional Equities believes that HDFC's NPA position is relatively much better than peers ...More

Nirmal Bang Institutional Equities believes that HDFC's NPA position is relatively much better than peers such as LIC Housing Finance and PNB Housing Finance. ...Less

The mortgage lender said its interest income stood at Rs 10,523.36 crore, down 2.48 per cent from Rs 10,7 ...More

The mortgage lender said its interest income stood at Rs 10,523.36 crore, down 2.48 per cent from Rs 10,790.66 crore in the year-ago quarter. Total income stood at Rs 11,663.14 crore, down from Rs 13,019.29 crore. ...Less

HDFC Bank Q3 Results: HDFC Bank will release its earnings for the December quarter today, which will be t ...More

HDFC Bank Q3 Results: HDFC Bank will release its earnings for the December quarter today, which will be the second earnings release after the merger with parent company Housing Development Finance Corporation. Analysts will focus on the sequential growth in numbers to assess the bank's performance post-integration. ...Less

For the nine months ended December 31, the consolidated profit after tax stood at Rs 7,972 crore compared ...More

For the nine months ended December 31, the consolidated profit after tax stood at Rs 7,972 crore compared with Rs 6,730 crore in the corresponding period last year. ...Less

India's coronavirus tally also seems to have taken off, with almost seven thousand cases being reported i ...More

India's coronavirus tally also seems to have taken off, with almost seven thousand cases being reported in just the last 24 hours, now making it the tenth worst hit country in the world. ...Less

Market participants have been keenly focused on the December quarter earnings to gauge the first impact o ...More

Market participants have been keenly focused on the December quarter earnings to gauge the first impact of demonetisation. ...Less

Hindustan Unilever, HDFC Life Insurance, Ambuja Cements, ICICI Lombard General Insurance, AU Small Financ ...More

Hindustan Unilever, HDFC Life Insurance, Ambuja Cements, ICICI Lombard General Insurance, AU Small Finance Bank, Polycab India, Hatsun Agro Product, L&T Finance Holdings and DCM Shriram are among companies that will announce their quarterly earnings today. ...Less