Sun, Jan 05, 2025
The combined market valuation of four of the top-10 most valued firms eroded by Rs 96,605.66 crore last week, with HDFC Bank taking the biggest hit.
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Thu, Dec 26, 2024
State Bank of India (SBI) provides 7.25 per cent interest on 444 days - Amrit Vrishti FD scheme to investors. The bank gives 6.80 per cent interest rate on 1-year FD while 6.75 per cent and 6.50 per cent on 3-year and 5-year FDs respectively.
Mon, Dec 23, 2024
Highest Senior Citizen FD rates: Fixed Deposit (FD) interest rates differ across banks, offering stable returns. Tax-saver FDs provide a tax deduction under Section 80C of the Income Tax Act 1961.
Sat, Apr 16, 2022
India’s largest private lender HDFC Bank is scheduled to report robust earnings in the fourth quarter of the financial year 2021-22 (Q4FY22) on Saturday.
Fri, Apr 15, 2022
Stock Markets Next Week: Indian markets are likely to be impacted by multiple triggers when they reopen on Monday after a four day gap. The markets remained shut on Thursday and Friday on account of Ambedkar Jayanti and Good Friday, respectively
Sat, Apr 09, 2022
Housing finance major HDFC Ltd on Friday divested a little over 3 per cent stake in Bandhan Bank, garnering Rs 1,522 crore, through an open market transaction.
Wed, Apr 06, 2022
Except for metals and PSU banks, all other sectoral indices witnessed selling pressure – banks, financials and IT stocks cracked most during Wednesday’s session.
Certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks.
Tue, Apr 05, 2022
A domestic brokerage firm Progressive Share Broker lists out the technical triggers of large and mid-cap banks and sees a potential of up to 28 per cent in the bank stocks such as Axis Bank, SBI, HDFC Bank, ICICI Bank, and Federal Bank.
HDFC Bank Ltd's Managing Director Sashidhar Jagdishan has said that the bank was ready to form a holding company for the merger or after the merger or with Housing Development Finance Corporation Limited HDFC, if there is a need.
Customers be it bank account holders, mortgage customers or insurance customers will benefit the most from the synergy resulting from HDFC Limited and HDFC Bank Limited merger, Vibha Padalkar, Managing Director & Chief Executive Officer at HDFC Life tells Zee Business in an interview with Anurag Shah.
After closing with nearly 10% gain on Monday on merger news, shares of HDFC Bank dropped over 2% in the afternoon trade on Tuesday
In a mega merger, HDFC Limited will be amalgamated with HDFC Bank.
Mon, Apr 04, 2022
HDFC Bank's planned merger with its parent HDFC will make the bank twice the size of ICICI Bank, while bolstering market share and diversifying revenues, S&P Global Ratings said on Monday.
HDFC Bank has approved the merger with its promoter HDFC Limited, which was announced through an exchange filing on Monday. Post-merger, HDFC Limited will hold a 41 per cent stake in the bank.
India’s largest private sector bank – HDFC Bank has announced a transformational merger with its non-banking finance company promoter HDFC Limited on Monday.
The stocks markets were on fire on Monday driven by the news of a mega-merger between the largest Indian housing finance company HDFC Limited and the largest private lender HDFC Bank.
HDFC Limited is all set to be merged with HDFC Bank as part of transformational merger, said regulatory filing by the two companies on Monday.
Shares of HDFC Bank were trading with over 13% gains after the company entered into an agreement to be merged with HDFC Ltd.
India's largest private lender HDFC Bank will merge with the country's largest housing finance company HDFC Ltd to create a financial services conglomerate, the companies said on Monday, sending their shares sharply higher.
HDFC and HDFC Bank rallied up to 10 per cent after their respective boards approved the merger of HDFC into HDFC Bank. HDFC will now acquire 41% stake in HDFC Bank through the transformational merger.
HDFC Limited will merge into HDFC Bank, India's largest private sector bank by assets, as part of transformational merger, read a regulatory filing by the two companies.
Tue, Mar 29, 2022
In today's edition of BULL Vs BEAR, Zee Business' Senior Research Analyst Varun Dubey and Research Analyst Ashish Chaturvedi bring exclusive research on the RBL Bank stocks.
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