Incremental deposit growth outpaces credit financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Dividend spurs hope for Rs 1 trn cut in govt borrowing rediff.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rediff.com Daily Mail and Mail on Sunday newspapers.
The bank board approved the re-appointment of Amitabh Chaudhry as managing director and CEO for another three years, with effect from January 1, 2025 up to December 31, 2027.
Rahul Malani of Sharekhan-BNP Paribas expects the HDFC Bank stock to remain range-bound between Rs 1400 and Rs 1600 until there is gradual recovery in key metrics in FY26, emphasizing sustainable deposit mobilization for stable LDR ratios. Malani says terms of loans also, improvement in the market share is not anticpated.
HDFC Bank on Saturday reported a 37% on-year growth in its fourth quarter net profit that failed to meet D-Street expectations, with one-time gains accruing from a stake sale in education loan subsidiary HDFC Credila Financial Services helping expand the bottomline.