United States

HDFC Bank Ltd (HDB)

HDB on New York Consolidated

8 Dec 2016
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$-0.31 (-0.48%)
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Latest Key Developments (Source: Significant Developments)

HDFC Bank Sept-qtr profit up 20 pct
Tuesday, 25 Oct 2016 03:21am EDT 

Hdfc Bank Ltd : Sept quarter net profit 34.55 billion rupees . Consensus forecast for Sept-quarter net profit was 34.15 billion rupees . Sept-quarter gross NPA 1.02 percent versus 1.04 percent previous quarter . Sept-quarter interest earned 170.70 billion rupees versus 147.73 billion rupees year ago . Sept-quarter provisions 7.49 billion rupees versus 6.81 billion rupees year ago . Sept-quarter net NPA 0.30 percent versus 0.32 percent previous quarter . Says Sept quarter NIM 4.2 percent . Says total capital adequacy ratio 15.4 percent as of Sept 30, 2016 .The profit alert and the Gross NPA alert was first sourced from TV and later confirmed from a press release at the National Stock Exchange.  Full Article

HDFC Bank says detected potential compromise of some debit cards
Thursday, 20 Oct 2016 07:37am EDT 

Hdfc Bank Ltd : HDFC Bank says our systems detected a potential compromise of debit cards arising from usage at a non-HDFC Bank atm network a few weeks ago . "We immediately notified customers who we knew had used a non-HDFC Bank ATM in the recent past to change (their) ATM pin" . HDFC Bank says advised them to use only HDFC Bank ATMs as we believe security controls at some of other bank ATMs ."Stress that all our customers use HDFC Bank ATMs only and also change ATM pins from time to time to prevent misuse".  Full Article

HDFC Bank says RBI imposed penalty on bank on account of KYC/AML guidelines
Monday, 25 Jul 2016 06:18am EDT 

HDFC Bank Ltd : RBI imposed penalty of INR 20 million on bank on account of KYC/AML guidelines .  Full Article

HDFC Bank gets members' nod to issue debt instruments of up to 500 bln rupees
Friday, 22 Jul 2016 03:14am EDT 

HDFC Bank Ltd : Gets members' nod for issue of perpetual debt instruments, tier II capital bonds, senior long term infrastructure bonds up to 500 billion rupees .  Full Article

HDFC Bank June-quarter profit up 20 pct
Thursday, 21 Jul 2016 02:24am EDT 

HDFC Bank Ltd : India's HDFC Bank Ltd June-quarter net profit 32.39 billion rupees . June-quarter interest earned 165.16 billion rupees, June-quarter provisions 8.67 billion rupees . June-quarter gross npa 1.04 percent versus 0.94 percent previous quarter;net npa 0.32 percent versus 0.28 percent previous quarter . Consensus forecast for June-quarter net profit was 32.52 billion rupees . Says June-quarter nim 4.4 percent . The profit alert was first sourced from TV and was later confirmed from a press release at the NSE .  Full Article

India's Bank of Baroda Ltd, HDFC Bank Ltd, others face Sebi scrutiny - PTI in Financial Express - Reuters
Saturday, 17 Oct 2015 08:00pm EDT 

HDFC Bank Ltd:As a multi-agency probe continues in the alleged forex-based black money case involving thousands of crores of rupees, capital markets regulator Sebi and stock exchanges have now begun a scrutiny of several banks for any violation of the disclosure norms for listed firms -FE.Bank of Baroda and Oriental Bank of Commerce are among those facing the scrutiny, while stock exchanges have also sought clarifications from HDFC Bank and Axis Bank -FE.A senior official said Sebi will take a decision on a formal probe after scrutiny of their replies to the notices issued by the stock exchanges -FE.The matter relates to alleged illegal money transfers amounting over several years to Hong Kong and possibly other foreign locations, which were passed off as payments for non-existent imports, but it came to light only this month -FE.A Delhi court extended by 6 days the ED custody of four persons, including an HDFC bank employee, arrested on money laundering charges in the Rs 6,000-crore remittances case of a Bank of Baroda (BoB) branch in Delhi -FE.Foreign exchange worth Rs 550 crore was remitted through 11 entities to Hong Kong on account of making import payments from a Ghaziabad branch of Oriental Bank of Commerce during 2006-10 -FE.The cases are being probed by CBI, ED, Income Tax Department and SFIO, among other agencies -FE.  Full Article

HDFC Bank Ltd recommends dividend
Thursday, 23 Apr 2015 05:19am EDT 

HDFC Bank Ltd:Has recommends dividend 8 Indian Rupees per equity share of 2 Indian Rupees each (that is 400 pct).  Full Article

HDFC Bank Ltd appoints Chairperson
Friday, 2 Jan 2015 05:51am EST 

HDFC Bank Ltd:Says Shyamala Gopinath has been appointed as part time Non-Executive Chairperson of the Bank for a period of 3 years with effect from Jan. 02.She has assumed charge from Jan. 02.  Full Article

India's HDFC Bank exec says comfortable remaining in NIM band of 4-4.3 percent

MUMBAI, Oct 25 India's HDFC Bank exec says comfortable remaining in nim band of 4-4.3 pct (Reporting by Devidutta Tripathy)