Mon, Jan 29, 2024
At around 9:23 a.m., shares of HDFC Bank traded 1.40 per cent or Rs 20.10 higher at Rs 1455.4 apiece. Meanwhile, at around the same time, LIC shares flat at Rs 903.3 apiece.
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Tue, Jan 23, 2024
At the close, Sensex ended with a cut of 1053 points or 1.47 per cent at 70,370.55, while Nifty ended weak by 333 points or 1.54 per cent at 21,238.8.
HDFC Bank shares touched a fresh 52-week low in early trade on Jan 23 extending their post-Q3 earnings slump. The stock fell 1.26% to Rs 1,459.95, further entering oversold territory with an RSI of 24.5. This follows a 10% drop last week after the bank reported its December 2023 results. Market cap dropped to Rs 11.12 lakh crore despite a broader market rally. Analysts' views are mixed, with CLSA maintaining a buy rating while acknowledging investor concerns.
Sat, Jun 18, 2016
Among the popular insurance mergers are Birla Sun Life Insurance, Bajaj Allianz.
Thu, Jun 09, 2016
Marginal Cost Funds-based Lending Rate (MCLR) is the new methodology to calculate interest rate on advances.
At the same time, the bank has also reduced Marginal Cost of Funds-based Lending Rate (MCLR) for one-month tenure to 9.95% from 9%.
Tue, Jun 07, 2016
RBI retained its inflation projections that it provided in its April policy meeting as it waits for clarity on the monsoon season.
Banking stocks rise as Rajan decides to maintain status quo. The S&P BSE Bankex rose nearly 1% on Tuesday as Raghuram Rajan, Governor, Reserve Bank of India (RBI), decided to keep repo rate unchanged at 6.5%.
Wed, Jun 01, 2016
Under the new rate structure effective from Wednesday, the ICICI Bank will give out overnight loans to new borrowers at 8.95%, while the one-year MCLR, to which its housing loans are linked, now comes down to 9.15%.
Foreign investors have been on edge about whether Rajan, will be re-appointed by the government for a second two-year term.
Sun, May 22, 2016
About 60% of new branches would be coming up in semi-urban and rural areas and the remaining in urban areas.
Mon, May 02, 2016
Scrip of the company was trading at Rs 1,094.50, up 0.52% at around 1445 hrs.
Fri, Apr 22, 2016
The country's second-largest private lender had registered a net profit of Rs 2,807 crore in the same quarter of the fiscal year 2014-15.
Thu, Apr 21, 2016
HDFC Bank sent an emailer to customers announced a waiving off 50% on the processing fee for Tiago
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