HDFC Bank Announcement, Latest News on HDFC Bank - The Economic Times
4 days ago · HDFC Bank and Reliance Industries led the advance, boosted by positive regional cues and subdued US inflation data. Metals also saw gains following a safeguard investigation launch. The depreciating rupee further supported IT sector growth.
Explained: Why HDFC Bank shares fell 4% in early trade today
Jul 5, 2024 · Shares of HDFC Bank declined nearly 4% in early trade on Friday, following a lacklustre business update for the quarter ending June 30. HDFC Bank shares were down 3.97% at Rs 1,658.05 on the Bombay Stock Exchange (BSE) at 10:17 am.
HDFC Bank flags hit to asset quality, margins post merger; shares …
Sep 20, 2023 · India's top private lender HDFC Bank has warned that its merger with HDFC Ltd would hit key financial metrics including its margins and bad loan ratios, sending shares down 4% on Wednesday and...
HDFC Bank Live News Updates: HDFC Bank completes merger with HDFC …
Jun 30, 2023 · Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday. Following the reverse merger, HDFC will cease to exist from July 1 onwards.
India's HDFC Bank sees margins drop, bad loans rise post $40 bln …
Oct 16, 2023 · India's HDFC Bank reported a sharp sequential drop in its lending margin and an increase in bad loans for the second quarter as it reported results as a single company for the first time since...
HDFC Leaps To 4th In World's Most Valuable Banks List After …
Jul 1, 2023 · In what is being called the biggest transaction in the history of India Inc, HDFC Bank will take over its parent, housing finance major HDFC, on Saturday. Following the reverse merger, the...
HDFC-HDFC Bank merger today: How consumers and the …
Jul 1, 2023 · Housing finance company HDFC Ltd and private retail bank HDFC Bank are set to merge on July 1, creating a mega entity. How and why did the merger come about, and what will change after the two companies become one?
India's HDFC, HDFC Bank merger to be effective July 1
Jun 27, 2023 · Housing Development Finance Corporation (HDFC) and HDFC Bank are working towards completing the merger of the two financial behemoths by July 1 and may set July 13 as the record date for...
HDFC Bank eyes sustained growth with strategic realignments in …
5 days ago · HDFC Bank is recalibrating its strategy to ensure sustainable growth in FY25, with a sharp focus on customer satisfaction, technological modernisation, and regulatory compliance. According to a report by Emkay Global Financial Services, the bank is navigating post-merger dynamics while reinforcing its operational and financial foundations for long-term resilience.
HDFC-HDFC Bank merger effective from July 1, says chairman …
Jun 27, 2023 · The merger of Housing Development Finance Corporation (HDFC) and HDFC Bank will be effective from July 1, said HDFC chairman Deepak Parekh on Tuesday. HDFC’s vice-Chairman and CEO Keki Mistry said the delisting of …