The Da Vinci of Indian Finance
A colossus in the Indian financial landscape, Deepak Parekh is distinguished by his unique trifecta of business acumen, talent honing and genuine interpersonal warmth.
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October 2023
December 2022
November 2022
August 2022
July 2022
May 2022
HDFC-HDFC Bank merger gets BSE, NSE approval; here’s how stocks reacted
The merger of HDFC and HDFC Bank is expected to be completed by the second quarter of FY24.
HDFC AMC surges 5% as promoter abrdn plans to exit
abrdn Investment Management will sell its entire 10.21% stake in HDFC AMC, which would fetch around ₹4,700 crore to the U.K.-based firm.
HDFC net profit surges 18% YoY to ₹4,454 crore; revenue up 19%
The country’s largest mortgage lender reported an increase in revenue from operations at 18.7% to ₹15,027 crore in the Q2 of FY23, as against 12,215 crore in the same period last year.
HDFC raises $1.1 bn ‘social loan’ via ECBs
HDFC says the proceeds would go towards financing affordable housing loans; facility priced at a margin of 90 bps over a secured overnight financing rate
HDFC Q1 profit up 22% to ₹3,669 cr on high individual loans
HDFC’s net interest income saw marginal growth at ₹4,447 cr compared to ₹4,125 cr in the previous year; gross non-performing loans at ₹10,288 cr
Sensex, Nifty to rise; HDFC, IOC, Ashok Leyland, NTPC, Sun Pharma, Cipla, DLF, Emami shares eyed
The Sensex and Nifty are poised to open with solid gains on Friday as shares in Asia and Wall Street rose despite negative GDP figures
Flat opening seen for Sensex, Nifty; HDFC, Bharat Forge, Birlasoft, Coal India shares eyed
The Sensex and Nifty are poised to see a muted opening on Monday, tracking mixed cues from Asian peers and soft trends on SGX Nifty.
HDFC Q4 net profit up 16% as lending operations grow, NII rises 14%
Net interest income grew 14% during the quarter under review to ₹4,601 crore, compared with ₹4,027 crore in Q4 FY21.
Sensex, Nifty to open in red; Wipro, YES Bank, Maruti, HDFC shares in focus
The Sensex and Nifty are set to start the week on a bearish note, following weak cues from global peers and negative trends at SGX Nifty futures.
