On tighter credit rein, HDFC Bank profits inch up 2%HDFC Bank reports a 2% rise in net profit for the December quarter to ₹16,736 crore. The bank deliberately slowed loan disbursals to preven...
23 Jan, 2025, 08.06 AM IST
HDB Financial's Q3 net drops 27% on provisionsFinancing costs increased 31% year-on-year to ₹1,645 crore during the quarter. Provisions on bad loans increased to ₹636 crore from ₹283 cr...
23 Jan, 2025, 05.54 AM IST
HDFC Bank sees pre-merger loan-to-deposit ratio in 2-3 years: CFO Srinivasan VaidyanathanHDFC Bank plans to lower its loan-to-deposit ratio to pre-merger levels within 2-3 years. Post-merger, the ratio spiked to 110%, prompting ...
19 Oct, 2024, 08.18 PM IST
HDFC Bank MD expresses disappointment with depositsHDFC Bank's MD, Sashidhar Jagdishan, expressed disappointment over deposit growth for the June quarter, attributing shortfalls to unexpecte...
22 Jul, 2024, 09.46 AM IST
HDFC Bank will be watchful in pricing and funding loans: CFO Vaidyanathan“On the wholesale category, we have seen that credit demand is high but the rates are benign,” said chief financial officer Srinivasan Vaid...
21 Jul, 2024, 12.04 AM IST
Japan's MUFG mulls sweeter offer for India's HDB Financial, Bloomberg News reportsHDB Financial, incorporated in 2007, provides secured and unsecured loans and has more than 1,680 branches across India.
22 Apr, 2024, 07.11 PM IST
HDFC Bank Q4 profit grows 37% but falls short of estimateHDFC Bank's Q4 net profit reached ₹16,510 crore, full-year at ₹60,810 crore, up 38%. Challenges post-merger affect expenses, asset quality,...
21 Apr, 2024, 09.56 AM IST
HDFC Bank shares in focus as Japan’s MUFG set to buy 20% stake in HDB FinancialHDFC Bank's stock reacts to MUFG's 20% stake purchase in HDB Financial Services at $9-10 billion valuation pre-IPO.
12 Apr, 2024, 02.37 PM IST
HDFC Bank Q3 net profit jumps 34% to Rs 16,373 crTotal deposits, a key monitorable for the bank after the merger with HDFC, climbed 28% on year, but were still slower than the 62% rise in ...
17 Jan, 2024, 06.36 AM IST
HDFC Bank Q2 profit beats estimates, up at Rs 15,976 croreRetail spending is on a highway, promising strong growth and the bank would press the accelerator on branch expansion as it looks to bring ...
17 Oct, 2023, 06.23 AM IST
HDFC Bank expects 17-18% credit growth this yearHDFC Bank expects 17-18 per cent loan growth during the current financial year as there is enough credit demand. Effective July 1, the pare...
23 Jul, 2023, 02.09 PM IST
Merger synergies to ensure mortgage & liability strategy will work together: Srinivasan Vaidyanathan, HDFC BankThe other kind of a front end is also the customer experience hub which is there. The customer experience hub was launched 3-4 months ago i...
10 Mar, 2023, 12.17 PM IST
We have witnessed 18-20% growth in last 5 year period: Srinivasan Vaidyanathan, HDFC Bank"You have to go back in history to see what is the kind of rate of growth that we have experienced. You can look at any block of a three ye...
10 Mar, 2023, 11.23 AM IST
HDFC Ltd seeks to hedge fixed rate debt via derivative dealsHDFC enters into swap contracts for various durations on which it receives (buys) the applicable overnight index swap rate or government se...
19 Oct, 2022, 06.14 AM IST
HDFC Bank engaged with regulators for compliance of reserve norms post merger“More or less we think we are on the timeline. Maybe there is a (possibility of completing the merger process) a quarter or a few months ea...
16 Oct, 2022, 08.48 PM IST
HDFC Bank shelves HDB's IPO plansHDFC Bank has decided to shelve IPO plans of its subsidiary HDB Financial Services. The NBFC arm will focus on further improving its techno...
06 Aug, 2021, 07.03 AM IST
Readying for life after Aditya Puri's retirement: HDFC Bank rejigs top managementTerms Sashidhar Jagdishan ‘change agent’, also makes him the head of all important portfolios.
23 Aug, 2019, 07.13 AM IST