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Business  /  Published 19.01.19

HDFC Bank net up 20%

HDFC Bank on Saturday met Street estimates, posting a 20.3 per cent growth in net profit for the December quarter. The country’s second-largest private bank clocked a net profit of Rs 5,585.85 crore...
By Our Special Correspondent in Mumbai

Business  /  Published 11.06.20

Sensex falls over 200 points

Equity benchmark Sensex tumbled over 200 points in early trade on Thursday dragged by losses in HDFC Bank, Reliance Industries, Infosys and Kotak Bank amid foreign fund outflows and weak global cues.A...
By PTI in Mumbai

Business  /  Published 10.06.20

Banks in lending rate cut rush

A clutch of banks, public and private, announced cuts in their marginal cost of funds-based lending rate (MCLR) on Wednesday, which will lower EMIs on eligible home loan accounts linked to MCLR.HDFC B...
By PTI in Mumbai

Business  /  Published 02.05.19

Bandhan Bank net leaps 68%

Bandhan Bank on Thursday reported a 67.78 per cent growth in net profit for the quarter ended March 31, 2019, aided by a growth in both interest and non-interest incomes. The microlender turned commer...
By Our Bureau in Mumbai

Business  /  Published 28.04.19

Debt alert

Investors who dabble in the debt market are scared stiff, and not without reason. Acutely aware that some fixed maturity plans (FMPs) have been rolled over, they are wondering whether the scenario wou...
By Nilanjan Dey in

Business  /  Published 19.10.19

HDFC Bank net profit up 27%

HDFC Bank on Saturday beat Street estimates to post a 27 per cent growth in its standalone net profit in the September quarter despite a rise in provisions.Net profits at the private sector lender cam...
By Our Special Correspondent in Mumbai

Business  /  Published 04.03.20

Rejig in HDFC search panel

HDFC Bank has reconstituted the search panel that was formed to find a successor to managing director and CEO Aditya Puri, whose term ends on October 26.While a six-member panel was formed in November...
By Our Special Correspondent in Mumbai

Business  /  Published 26.05.20

Sensex rallies over 400 points

Equity benchmark Sensex rallied over 400 points in early trade on Tuesday led by gains in index-heavyweights HDFC twins, ITC and Reliance Industries amid positive cues from global markets.After touchi...
By PTI in Mumbai

Business  /  Published 14.08.19

US funds prop for Edelweiss

US-based investment firm Kora Management is investing Rs 850 crore ($125 million) in the Edelweiss group.Kora, which focuses on the financial and technology sectors across emerging markets and is an e...
By Our Special Correspondent in Mumbai

Business  /  Published 18.04.20

HDFC Bank net profit up 18%

HDFC Bank has posted a 17.7 per cent rise in net profit for March quarter of 2020. However, the bottomline came in a tad below estimates as provisions jumped because of the Covid-19 outbreak.The priva...
By Our Special Correspondent in Mumbai


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