HDFC Bank Limited Sponsored ADR (NSE:HDFCBANK) faces scrutiny after an internal review found 2017–2021 MSRDC deposit business overreach, prompting fines and RBI notification, while ADRs saw market stress, US law‑firm probes and mixed operational news on penalties, IPO roles and strong NRI FCNR(B) d…
Indo-MIM IPO Listing, July 30 -- Indo-MIM shares are set to be listed in the Indian stock market today after its initial public offering (IPO) received strong demand from investors. Indo-MIM IPO listing date is 30 July 2026, Thursday.Indo-MIM IPO was open for subscription from July 23 to July 27, w…
New Delhi, July 29 -- The US-Iran conflict, coupled with the Russia-Ukraine war, has disrupted global peace and supply chains and raised oil and gas prices. This has resulted in serious underperformance in the Indian equity markets.Against this backdrop, fixed deposits (FDs) continue to remain a pr…
HDFC Bank Limited Sponsored ADR (NSE:HDFCBANK) posted resilient Q1 FY27 results—consolidated net profit ₹19,060 crore (+5% YoY), adjusted PAT +9.8%—backed by loan/deposit growth, stable asset quality and strong liquidity as leadership changes and workforce redeployment support expansion and a Motil…
Leadership transition and strong execution drove robust balance sheet and advances growth, though profit growth lagged. CASA ratio declined post-merger, but management is focused on regaining share and leveraging technology for efficiency.Based on HDFC Bank Limited [HDFCBANK] Q1 26/27 Audio Transcr…
HDFC Bank NYSE:HDB management told investors that the lender entered the first quarter of fiscal 2027 with improving business momentum, stronger branch productivity and continued market-share gains in deposits, while also acknowledging ongoing pressure from funding costs and a shifting deposit mix…
Q1 FY27 delivered strong growth in deposits and advances, with stable asset quality and robust profitability. Subsidiaries posted double-digit profit growth, while capital and liquidity metrics remained healthy. Enhanced ESG initiatives and prudent risk management supported performance.Original doc…
Net profit for the quarter rose 5% YoY to ₹19,060 crore, with adjusted PAT up 9.8%. Asset quality remained stable, CAR was strong at 19.6%, and subsidiaries delivered robust growth. Management highlighted ongoing regulatory compliance and market risks.Original document: HDFC Bank Limited [HDFCBANK…
Nomura said loan growth momentum remained intact for Indian banks in the June quarter, with HDFC Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and IDFC First Bank reporting healthy business updates despite widening differences in growth across lenders.The brokerage reviewed provisional Q1FY27…
By Bharath RajeswaranForeign investors are returning to Indian financial stocks, with the sector drawing its biggest fortnightly inflows in 14 months in the second half of June as policy support , lower valuations and expectations of steadier earnings lifted demand.Foreign portfolio investor…
By Bharath Rajeswaran and Vivek Kumar MIndian shares advanced on Monday, led by HDFC Bank and Axis Bank on strong quarterly business updates, while lower crude oil prices also aided sentiment.The benchmark Nifty 50 NSE:NIFTY rose 0.48% to 24,385.4, while the BSE Sensex BSE:SENSEX added 0.5% to 78,1…
Indian shares opened higher on Monday, led by HDFC Bank and Axis Bank on strong pre-quarterly business updates, while lower crude oil prices also aided sentiment.The benchmark Nifty 50 NSE:NIFTY rose 0.35% to 24,354.80, while the BSE Sensex BSE:SENSEX added 0.39% to 78,065.23, as of 9:20 a.m. IST.F…
Analysts reiterate bullish calls on HDFC Bank Limited Sponsored ADR (NSE:HDFCBANK)—Jefferies and JPMorgan keep high targets—after a clean external legal review refuted prior allegations, leadership updates and reduced MTF exposure, prompting some analysts to favor it in private banking.Previous Wee…
Shares of HDFC Bank Ltd. will be in focus on Monday, July 6, after the private sector lender reported a steady June quarter business update, with loan and deposit growth surpassing Street estimates.The bank's gross advances rose 15.4% year-on-year to ₹30.61 lakh crore, marking the strongest loan gr…
HDFC Bank Ltd. on Saturday, July 4, reported its business update for the first quarter of the financial year 2027.The lender witnessed an increase across gross advances, deposits, advances under management.Its gross advances came in at ₹30.61 lakh crore, up 15.4% from last year.HDFC Bank's deposits…
By Jaspreet KalraThe Indian rupee closed modestly higher on Friday but logged a weekly fall as dollar demand related to merchant flows, arbitrage trades and maturities in the non-deliverable forward market outweighed comfort from a broadly weaker U.S. dollar.The rupee FX_IDC:USDINR declined nearly…
By Dharamraj DhutiaIndia's ICICI Bank NSE:ICICIBANK plans its first dollar bond sale in nearly nine years, joining peers HDFC Bank and Axis Bank in leveraging the central bank's lower-cost hedging facility for foreign-currency issuance, two bankers said on Friday.The lender is expected to raise at…
The Margin Trading Facility continue to grow in the month of June, as it hit another record level of ₹1.35 lakh crore at the end of the month, a growth of 6.9% from the ₹1.26 lakh crore size at the end of May.What Is The Margin Trading Facility?A Margin Trading Facility (MTF) is where a trader buys…
By Vivek Kumar MIndian shares rose in early trade on Thursday as a drop in crude oil prices on U.S.-Iran talks and a rebound in information technology stocks after four sessions of losses aided investor sentiment.The benchmark Nifty 50 NSE:NIFTY rose 0.34% to 24,088.55, while the BSE Sensex BSE:SEN…
By Pranoy KrishnaThe Indian rupee will remain weak against the U.S. dollar over the coming months despite expectations that recent measures announced by the Reserve Bank of India will attract billions in foreign capital, a Reuters poll of currency analysts showed.A sharp drop in global oil prices t…
