Page 15 of HDFC

HDFC-HDFC Bank merger: Two HDFCs are now becoming one of the biggest banks in the world

Mortgages will get more competitive as lenders come under pressure to peg interest rates to benchmarks not in their control,…

Updated: April 6, 2022 10:49 IST

Low profile, but smart thinker

Nonetheless, Sashi Jagdishan who took over as MD&CEO of the country’s largest private sector lender in late 2020, has taken…

April 6, 2022 09:19 IST

Playing on the front foot, always

Some of HDFC’s shareholders, however, did think a couple of years ago that he should have curtailed his innings a…

April 6, 2022 09:10 IST

Mutual funds may get time to trim stakes in HDFC Bank post merger if limits are breached

According to the data compiled by primemfdatabase.com, several large cap and flexi cap funds, including SBI Bluechip Fund, ICICI Prudential…

April 6, 2022 02:46 IST

Profit booking in heavyweights drags Nifty, Sensex down

The HDFC twins, which surged about 10% in previous day’s trade fell 2%-3% on Tuesday, contributing 282 points to the…

April 6, 2022 00:01 IST

stocks to buy, stocks to trade, hdfc, nifty

Earnings downgrade likely for Nifty, says Motilal Oswal; HDFC, SBI, Infosys among top stock picks for FY23

HDFC, ICICI Bank, SBI, Infosys, HCL Tech, L&T are among Motilal Oswal’s top large cap stock picks for FY23. Meanwhile,…

April 5, 2022 11:05 IST

HDFC Bank, HDFC share prices slip: Behemoth in the making but near term challenges remain; check target prices

HDFC Ltd and HDFC Bank shares fell in red on Tuesday morning, after having soared nearly 9% each earlier on…

Updated: April 5, 2022 11:23 IST

HDFC-HDFC Bank merger: Last lap of merger was the fastest; Chairman Deepak Parekh spent two sleepless nights before the big day

The merger will create a behemoth that will place the merged entity among the top 10 most valuable banks globally.

April 5, 2022 04:50 IST

The merger is a coming together of equals. (IE)

Merger is coming together of equals, customers to be biggest beneficiaries: HDFC leadership team

The mortgage major has sought time from the Reserve Bank of India (RBI) to comply with cash reserve ratio (CRR)…

April 5, 2022 04:40 IST

Post the deal, HDFC’s shareholders would own 41% in the combined entity. (File/Reuters)

HDFC Mega Deal: Merged entity to have nearly 15% weight in the index

Post the merger, foreign portfolio investors (FPIs) will have the headroom to raise their holding in HDFC Bank by another…

April 5, 2022 04:29 IST

HDFC twins conjoined: HDFC to be merged into HDFC Bank, create financial behemoth with $169-billion market cap

If approved, the merger will result in HDFC Bank becoming a 100% publicly owned institution, with HDFC’s 21% promoter holding…

April 5, 2022 03:40 IST

Strong economic data points, including buoyant GST collections, also lifted the sentiment.

Sensex reclaims 60,000 level; Bank Nifty rises 4%

China’s Shanghai Composite was up 0.94%, Hang Seng was up 2.1%, while Japan’s Nikkei 225 was up 0.25% on Monday.

April 5, 2022 03:30 IST

The merger has several broader implications for the banking sector. (File/Reuters)

Big is beautiful: HDFC-HDFC Bank mega merger sets the stage for financial sector consolidation

One could argue that both HDFC Bank and HDFC were already strong players in their own right but the growth…

April 5, 2022 03:00 IST

The merger will widen product coverage for HDFC Bank.

HDFC Bank rating – Outperform: Merger may be a drag on P&L statement

RBI nod’s a monitorable; refinancing HDFC funding with low-cost deposits key to success; ‘Outperform’ retained with TP of Rs 2,005.

April 5, 2022 01:00 IST

As per the BSE data, as many as 179 stocks touched their 52-week highs. (File)

Market rally: Investor wealth jumps over Rs 4.5 lakh crore

The market capitalisation of BSE-listed companies, also an indicator of notional wealth of investors, surged to Rs 2,72,46,213.62 crore.

April 4, 2022 17:38 IST

Nifty, sensex, stock markets, share market

Sensex closes 1300 points up at 60611, Nifty settles below 18100, support at 17800; overall trend bullish

Indian equity markets higher as the surprise merger announcement of HDFC and HDFC Bank catapulted the benchmark indices over 2…

April 4, 2022 16:38 IST

HDFC Bank to become twice as big as ICICI Bank after merger with HDFC: S&P Ratings

“HDFC Bank Ltd.’s planned merger with its parent will boost the India-based bank’s market share and diversify its revenues,” S&P…

April 4, 2022 16:23 IST

hdfc-hdfc bank merger, crude price, nifty

HDFC, HDFC Bank pull markets up 2%, Nifty resistance at 18100; focus on picking quality stocks

Equities rallied on the news of merger of Housing Finance Development Corporation Ltd (HDFC) with HDFC Bank. Reflecting bullish investor…

April 4, 2022 15:44 IST

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