hdfc housing development finance corporation news

HDFC Bank sees pre-merger loan-to-deposit ratio in 2-3 years

India's HDFC Bank sees pre-merger loan-to-deposit ratio in 2-3 years, CFO says

HDFC Bank, India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two to three years, its chief financial officer said on Saturday. The bank's LDR was at around 86-87% prior to its merger with parent Housing Development Finance Corporation in July 2023,

Bloomberg L.P. · 2d

HDFC Bank Profit Beats Estimates on Strong Deposit Growth

HDFC Bank Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong growth in deposits and loans.

Deccan Herald · 2d

HDFC Bank sees pre-merger loan-to-deposit ratio in 2-3 years, CFO says

Mumbai: HDFC Bank, India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two to three years, its chief financial officer said on Saturday.

Mint · 1d

HDFC Bank says moderation in credit growth opportunity to improve loan-deposit ratio

The bank’s CD ratio had jumped from 86-87% earlier to 110% following the amalgamation of erstwhile parent HDFC Ltd effective July 2023. The ratio is currently at around 100%.

Hosted on MSN · 1d

HDFC Bank braces for slower credit growth this year

HDFC Bank’s credit growth is expected to be slower than the overall banking sector growth rate in the current financial year, according to MD and CEO Sashidhar Jagdishan during an analyst call. However,

19h

HDB Financial IPO: HDFC Bank's NBFC Arm To Raise Rs 12,500 Crore, HDFC To Offload Rs 10,000 Crore

HDB Financial Services Ltd (HDBFS), a subsidiary of India’s largest private-sector lender HDFC Bank, is gearing up for a ...

The Week19h

HDFC Bank to list its arm HDB Financial Services, in what will be the largest IPO in the NBFC space

Of the Rs 12,500 crore IPO, Rs 10,000 crore is the shares that HDFC Bank intends to sell. The board of directors have ...

cnbctv1817h

HDFC AMC joins ONDC Network to expand mutual fund access to low-income groups

HDFC AMC said its partnership with ONDC will enhance access to mutual fund investment products, particularly in underserved ...

The Financial Express1d

HDFC Bank shares zooms nearly 3% as board approves HDB Financial Services IPO worth Rs 12,500 cr

The HDB Financial Services IPO will include a fresh equity issuance worth Rs 2,500 crore, alongside a Rs 10,000-crore offer ...

HDFC Bank Q2 Results: Net profit rises 5.3% to ₹16,821 crore, NII up 10% YoY; Asset quality declines

India’s largest private lender’s total income increased to ₹85,500 crore during the quarter under review, compared to ₹78,406 ...

Fortune India23h

HDFC Bank's board approves ₹12,500 cr IPO for HDB Financial; stock up 3% on steady Q2

HDB Financial Services is expected to raise ₹12,500 cr via IPO, including fresh equities worth ₹2,500 cr and OFS of shares worth ₹10,000 cr by parent HDFC Bank.

The Financial Express2d

HDFC to sell up to Rs 10,000 crore shares in HDB Financial IPO

HDB Financial Services is coming with an IPO to comply with the Reserve Bank of India's mandate in October 2022, requiring ...

1don MSN

HDFC Bank shares jump 3% on Q2 beat, IPO nod. Should you buy, sell or hold?

Shares of HDFC Bank rose 3% to Rs 1,734 on BSE after it reported a 5.3% YoY rise in PAT for Q2, surpassing Street estimates.

ndtvprofit2d

HDFC Bank Q2 Results: Net Profit Rises 5% Led by NII; Asset Quality Worsens

Higher net interest income helped HDFC Bank Ltd to report a 5% on year rise in net profit for the September quarter at Rs ...

17h

HDFC delivers on promised cross-selling

Income from distribution of third-party products surged 33% in Q2, while income from payments and card business also went up ...

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