Aditya Puri lists top qualities for his successor, NABARD mulls risk-based supervision for regional rural and co-operative banks.
Laying down a brief outline for the criteria, current HDFC Bank head Aditya Puri suggested that knowledge of technology and digital drive would be the top traits of focus for its next leader
Net Interest Income (NII) is expected to increase by 20 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 12,957.9 crore, according to Kotak.
Every time the call came, Mallya used to abuse and his blood pressure would go up. So, friendship and banking is not co-related, Puri stressed.
HDFC Bank Limited is our top pick amongst the private sector banks. We re-initiate our coverage on HDFC Bank Limited with a BUY rating and target price of Rs 2820 per share.
The bank intends to hire 5,000 such professionals over the next two to three years
Reports suggest that investors are buying shares of the unlisted HDB at a price of around Rs 1,000 per piece in the grey market.
CLSA has maintained buy call on the stock and raised price target to Rs 2,930 from Rs 2,850 per share
HDB Financial Services can be a big value creator for HDFC Bank
The growing interest in HDB Financial is based on the hopes of an early initial public offering (IPO).
Backed by the robust underwriting skills & prudence and the consistent track record of growth and profitability, HDFC Bank is our top pick amongst the private sector banks.
The regulator said that it received reference from customs authorities regarding submission of forged bill of entries (BoEs) by certain importers to the bank for remittance of foreign currency.
Motilal Oswal is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 2780 in its research report dated May 28, 2019.
Puri turns 70 next year and has been instrumental in getting the bank to its current stature as one of the most valued banks globally in terms of price to earnings ratio.
This would mean that the CEOs of IndusInd Bank and HDFC Bank, Ramesh Sobti and Aditya Puri, may be serving their final term.
Social media has been abuzz over a post by an employee of HDFC Life. He wrote in his post about the possibility of holding a referendum in India to decide whether Muslims should be given citizenship.
Maximum month-on-month change in value was seen in TCS, ICICI Bank and Kotak Mahindra Bank.
DIS is a platform launched by HDFC Bank for start-ups from across the globe to showcase their innovations.
There are as many as 22 stocks on BSE where FIIs hold 40-70 percent stake. These include UPL, NIIT Technologies, HDFC Bank, Bharti Infratel, ICICI Bank and Mindtree
Dealing in securities of the bank will be closed for designated persons from May 7, 2019, until May 24, 2019 (both days inclusive), according to a release to the exchange.
Contra traders should look for short selling opportunity around 11,750/11,760 with a final stop loss at 11,810
The breadth of the market favoured the declines as 807 stocks advanced and 820 declined while 466 remained unchanged. On the BSE, 925 stocks advanced, 947 declined and 113 remained unchanged.
The top Nifty gainers include YES Bank which jumped 4 percent followed by Bharti Infratel, Power Grid, Bharti Airtel and L&T while Britannia Industries, TCS, ICICI Bank, HCL Tech and Tata Motors.