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HDFC Bank Ltd (HDBK.BO)

HDBK.BO on Bombay Stock Exchange

1,875.75INR
23 Feb 2018
Change (% chg)

Rs20.80 (+1.12%)
Prev Close
Rs1,854.95
Open
Rs1,856.00
Day's High
Rs1,882.85
Day's Low
Rs1,853.35
Volume
49,314
Avg. Vol
156,652
52-wk High
Rs2,014.00
52-wk Low
Rs1,369.25

Latest Key Developments (Source: Significant Developments)

HDFC Bank Appoints ‍Rakesh Singh As Head Of Private Banking
Friday, 9 Feb 2018 05:35am EST 

Feb 9 (Reuters) - HDFC Bank Ltd ::SAYS ‍RAKESH SINGH APPOINTED HEAD OF PRIVATE BANKING.  Full Article

India's HDFC Bank Exec Says Loan Growth Came From Both Wholesale And Retail
Friday, 19 Jan 2018 03:03am EST 

Jan 19 (Reuters) - India's HDFC Bank deputy managing director Paresh Sukthankar::SAYS LOAN GROWTH CAME FROM BOTH WHOLESALE AND RETAIL.  Full Article

Housing Development Finance Corp Approves Raising Funds Worth Up To 130 Bln Rupees
Tuesday, 19 Dec 2017 06:39am EST 

Dec 19 (Reuters) - Housing Development Finance Corporation: :HOUSING DEVELOPMENT FINANCE CORPORATION -APPROVBED SUBSCRIPTION TO SECURITIES OFFERED BY HDFC BANK ON PREFERENTIAL BASIS FOR AMOUNT UP TO 85 BILLION RUPEES‍​.HOUSING DEVELOPMENT FINANCE CORPORATION - APPROVED CONSTITUTION OF COMMITTEE OF DIRECTORS OF CORP TO FINALISE AMOUNT OF INVESTMENT IN HDFC BANK.HOUSING DEVELOPMENT FINANCE CORPORATION - APPROVES RAISING FUNDS WORTH UP TO 130 BILLION RUPEES VIA ISSUE OF SECURITIES THROUGH PREFERNTIAL ISSUE OR QIP.HOUSING DEVELOPMENT FINANCE CORPORATION -APPROVED INCREASE IN AUTHORISED SHARE CAPITAL OF CORP TO 3.70 BILLION RUPEES‍​.  Full Article

Indo National Approves Providing Corporate Guarantee Of 85 Mln Rupees To HDFC Bank Chennai
Tuesday, 5 Dec 2017 05:27am EST 

Dec 5 (Reuters) - Indo National Ltd ::SAYS APPROVED TO PROVIDE CORPORATE GUARANTEE OF 85 MILLION RUPEES TO HDFC BANK CHENNAI ON BEHALF OF KINECO.COMPETITION COMMISSION OF INDIA IS INVESTIGATING ZINC CARBON DRY CELL BATTERY INDUSTRY INCLUDING CO IN RELATION TO CARTELISATION.  Full Article

Moody's upgrades four Indian financial institutions' ratings to Baa2 from Baa3
Friday, 17 Nov 2017 01:43am EST 

Nov 17 (Reuters) - Moody's -:MOODY'S UPGRADES FOUR INDIAN FINANCIAL INSTITUTIONS' RATINGS‍​.MOODY'S INVESTORS SERVICE HAS UPGRADED THE LONG-TERM RATINGS OF FOUR INDIAN FINANCIAL INSTITUTIONS TO BAA2 FROM BAA3‍​‍​.MOODY'S - UPGRADED THE LONG-TERM RATINGS OF FOUR INDIAN FINANCIAL INSTITUTIONS TO BAA2 FROM BAA3.MOODY'S - FOUR INDIAN BANKS ARE EXIM INDIA, HDFC BANK LIMITED, INDIAN RAILWAY FINANCE CORPORATION LIMITED , STATE BANK OF INDIA.MOODY'S HAS CHANGED TO STABLE FROM POSITIVE THE RATINGS OUTLOOK FOR IRFC; EXIM INDIA AND ITS LONDON BRANCH;.MOODY'S HAS CHANGED TO STABLE FROM POSITIVE OUTLOOK FOR HDFC BANK, ITS BAHRAIN AND HONG KONG BRANCH;SBI, ITS HONG KONG, LONDON, AND NASSAU BRANCHES.  Full Article

India's HDFC Bank Sept qtr profit up about 20 pct
Tuesday, 24 Oct 2017 03:18am EDT 

Oct 24 (Reuters) - India's HDFC Bank Ltd :Sept quarter net profit 41.51 billion rupees.HDFC Bank Ltd consensus forecast for sept quarter profit was 41.61 billion rupees.Sept quarter net NPA 0.43 percent versus 0.44 percent previous quarter .Sept quarter interest earned 196.70 billion rupees versus 170.70 billion rupees year ago.Sept quarter provisions and contigencies 14.76 billion rupees versus 7.49 billion rupees year ago.Sept quarter gross npa 1.26 percent versus 1.24 percent previous quarter.Says sept quarter core NIM 4.3 percent ‍​.Co in ongoing discussions with regulator in relation to observations made on implementation of JLF-approved flexbile structuring scheme.The profit and net NPA alerts were first sourced from TV and later confirmed from a press release off the NSE.  Full Article

India's HDFC Bank exec: have seen healthy growth in both wholesale and retail loans
Monday, 24 Jul 2017 04:08am EDT 

July 24 (Reuters) - India's HDFC Bank Deputy Managing Director Paresh Sukthankar says::Have seen healthy growth in both wholesale and retail loans.Not too much greenfield CAPEX led loan demand but seeing refinancing and working capital related opportunities.Sees NIM between 4 and 4.3 percent on an annualised basis.Gross NPA at 1.24 percent certainly at the higher end.Had exposure to one of the 12 cos being taken to bankruptcy.That loan is partially sold and remaining fully provided for.  Full Article

India's HDFC Bank June-qtr profit up about 20 pct
Monday, 24 Jul 2017 02:43am EDT 

July 24 (Reuters) - HDFC Bank Ltd :June quarter net profit 38.94 billion rupees versus net profit of 32.39 billion rupees year ago.Hdfc bank ltd consensus forecast for june quarter net profit was 39.38 billion rupees.June quarter interest earned 186.69 billion rupees versus 165.16 billion rupees year ago.June quarter provisions 15.59 billion rupees versus 8.67 billion rupees year ago.June quarter gross NPA 1.24 percent versus 1.05 percent previous quarter.June quarter net NPA 0.44 percent versus 0.33 percent previous quarter.Says June quarter core NIM 4.4 percent.  Full Article

HDFC Bank seeks members' nod for issue of perpetual debt instruments, tier II capital bonds
Thursday, 22 Jun 2017 05:59am EDT 

June 22 (Reuters) - HDFC Bank Ltd ::Seeks members' nod for appointment of Shyamala Gopinath as part time non-exec chairperson.Seeks members' nod for issue of perpetual debt instruments, tier II capital bonds and senior long term infra bonds on private placement basis.Seeks members' nod for re-appointment of Paresh Sukthankar as deputy MD.  Full Article

Planet Payment and HDFC Bank announce agreement to offer Pay in Your Currency
Tuesday, 2 May 2017 10:45am EDT 

May 2 (Reuters) - Planet Payment Inc : :Agreement for HDFC Bank to offer co's Dynamic Currency Conversion (DCC) solution Pay in Your Currency to its merchants in India.  Full Article

Indian regulator orders HDFC Bank to probe suspected results leak

MUMBAI, Feb 23 India's market regulator ordered HDFC Bank on Friday, to conduct an internal inquiry into the suspected leaking of key unpublished financial information and to strengthen its handling of such data.