News

HDB Financial Services debuted at ₹835, 12.84% above its IPO price of ₹740. The IPO, valued at ₹12,500 crore, was the fourth ...
An FIR has been filed against HDFC Bank MD and CEO Sashidhar Jagdishan for alleged financial fraud. Lilavati Hospital seeks punitive action, claiming Jagdishan accepted money to harass a trust member.
HDFC Bank has started accepting deposits under the government-backed Senior Citizen Savings Scheme (SCSS), offering retirees secure investments with a fixed interest rate of 8.2% per annum.
The bank's net interest income (NII)—or the difference between the interest earned and the interest paid—increased to Rs 30,653.3 crore from Rs 28,471.3 crore a year ago, translating to year-on-year ...
While banking stocks have shown a lacklustre performance over the last three months on account of valuation concerns amid elevated interest rates, the HDFC Bank stock has risen around 12 per cent. The ...
HDFC Bank has approved an Offer for Sale (OFS) of equity shares from its subsidiary, HDB Financial Services, as part of a proposed IPO expected to raise up to ₹12,500 crore. The IPO will include ...
HDFC Bank shares are in focus as Jefferies has issued a 'buy' rating on the stock with a target price of Rs 1,890 per share. The lender is aiming to lower its loan-to-deposit (LDR) ratio to 85-90 ...
HDFC Bank Share Gains Board Approved HDB Financial Services IPO: The stock of HDFC Bank gave a return of 5% in the past five days compared to a return of 3% by Bank Nifty in the same period.
HDFC Bank plans to sell ₹10,000 crore of loan portfolios using pass through certificates to cut sector exposure and improve its credit-deposit ratio amid deposit growth challenges.
Atanu Chakraborty, part-time chairman of HDFC Bank, emphasised the bank's strategy to overcome challenges in deposit growth by focusing on personalised customer experiences. Speaking at the bank ...
Cautioning on this fraud, HDFC Bank, executive vice president (Credit Intelligence and Control) Manish Agrawal, said, "We are seeing an increase in the number of cases of investment frauds and want to ...