A practice at India’s largest private lender HDFC Bank Ltd. to levy a “processing fee” on loan applications submitted with fraudulent documents is raising eyebrows.
HDFC Bank Share Price
HDFC Bank Q3 Net Profit Rises 20% to Rs 5586 Crore
Gold Silver Reports (GSR) – The bank had posted a net profit of Rs 4,642.6 crore in the October-December quarter of the last fiscal.
HDFC Bank Below 2121 Only Sell, Any Rise Sell Sell Target 2092—2084
HDFC Bank Below 2121 Only Sell, Any Rise Sell Sell Target 2092—2084
The bank will specifically communicate this to the customers latest by Tuesday morning. Country’s second largest private bank by assets, HDFC Bank clarified there has been no data breach, loss of customer data or security issues with the bank’s mobile and net banking applications.
Sensex, Nifty Edge Lower Dragged By HDFC, ICICI Bank
Gold Silver Reports (GSR) – Eleven out of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Finance index’s 0.4 percent drop. On the other hand, the S&P BSE Realty index was top gainer, up 0.7 percent.
Indian equity benchmarks edged lower dragged by weakness in ICICI Bank, HDFC twins and Infosys.
HDFC Bank Falls On Q1 Profit Miss
Gold Silver Reports (GSR) – HDFC Bank Ltd shares fell 1.5% to Rs 2,157 after the bank reported lower-than-expected June quarter earnings. The bank reported an 18.2% increase in its net profit at ₹4,601.44 crore for the quarter ended June. The private sector lender had registered a net profit of …
HDFC Bank Share Price Slip Ahead Of Shareholders’ Meeting
Gold Silver Reports (GSR) – HDFC Bank Share Price Slip Ahead Of Shareholders’ Meeting – Shares of the country’s largest private sector lender fell as much as 0.8 percent to Rs 2,114 ahead of its annual shareholders’ meeting scheduled later in the day.
Meanwhile, the HDFC Bank had 11.6 lakh shares changed hands in a single bock deal on BSE.
HDFC Bank Share Price Slides As Share Limit Increases
Gold Silver Reports (GSR) – HDFC Bank Share Price Slides As Share Limit Increases — Shares of the country’s largest private lender fell as much as 2.5 percent, the most since April 23, to Rs 2,058. Global funds can increase their stake in the Mumbai-based bank by 1.68 percent or 4.3 crore shares, according to NSDL data. At present, they hold 72.3 percent of HDFC Bank, right under the cap of 74 percent for lenders.
HDFC Bank Rises After ADRs Surge 9% Overnight
Gold Silver Reports (GSR) – HDFC Bank Rises After ADRs Surge 9% Overnight – Shares of the country’s largest private sector lender rose as much as 4.48 percent to record high of Rs 2,126 following sharp surge in HDFC Bank ADR shares overnight. HDFC Bank shares will be opened for FII buying starting tomorrow. Macquarie estimates that buying by foreign investors in HDFC Bank shares could be in excess of $1 billion.