HDFC Bank Ltd, India's biggest private lender, is comfortably placed to meet reserve ratio requirements post its merger with parent HDFC Ltd, even as it awaits a final view from the central bank on requests for forbearance, three sources said.
Shares of HDFC gained 0.35% to Rs 2571 in early trade against the previous close of Rs 2563 on BSE. The stock has gained after three days of consecutive fall.
The options have been granted at ₹2,559.90 per option, being the latest available closing price of the shares of the corporation on the NSE on 24 March, 2023
Riding on the overall growth in credit and robust asset quality, HDFC Bank has emerged as the top lender on the BT500 2022 list. But even as analysts are bullish about the sector heavyweight, its stock seems to be under pressure - Issue Date: Dec 11, 2022