Aug 08, 2022 11:03 PM IST

HDFC hikes retail prime lending rate on housing loans by 25 bps from August 9

HDFC has raised the key lending rate for home loans six times since May this year, with the previous hike being announced on August 1.

Sebi gives in-principle approval for change in control of HDFC AMC

In April, HDFC Bank and its parent company Housing Development Finance Corporation (HDFC) got approvals from their respective boards for the proposed scheme of amalgamation.

Eight of top 10 firms add Rs 98,235 crore in m-cap; Infosys, TCS lead gainers

New Delhi, Aug 7 Eight of the 10 most valued firms together added Rs 98,234.82 crore in market valuation last week, with IT majors Infosys and TCS ..

NCLT nod sought for merger of HDFC Investments, HDFC Holdings with HDFC Bank

This is part of the proposed merger of HDFC Bank, the country's largest private sector bank by balance sheet, with its parent, mortgage lender Housing Development Finance Corporation Ltd.

HDFC raises Rs 8,700 crore as 'social loan' to finance affordable housing segment

The country’s largest mortgage lender by asset size said it has raised the amount by way of external commercial borrowings (ECBs).

HDFC announces a milestone $1.1 billion social loan for affordable housing

The loan has been priced competitively at a margin of 90 bps over SOFR

Buy HDFC; target of Rs 3025: Sharekhan

Sharekhan is bullish on HDFC has recommended buy rating on the stock with a target price of Rs 3025 in its research report dated July 29, 2022.

Buy HDFC; target of Rs 2830: Motilal Oswal

Motilal Oswal is bullish on HDFC recommended buy rating on the stock with a target price of Rs 2830 in its research report dated July 30, 2022.

Buy HDFC; target of Rs 2800: ICICI Direct

ICICI Direct is bullish on HDFC has recommended buy rating on the stock with a target price of Rs 2800 in its research report dated July 30, 2022.

ICICI Bank raises lending rate by 15 bps

The rates have been increased across all tenors under the marginal cost of funds-based lending rate (MCLR) system, a move that will make EMI expensive for those who availed loans benchmarked against MCLR.

Here's what is driving the growth in individual loans in 32 quarters for HDFC

HDFC reported a 22 percent rise in its standalone profit after tax to Rs 3,669 crore for the first quarter against the Rs 3,001 crore posted during the same period last year. Its individual loans on an assets under management (AUM) basis saw the highest growth in the last eight years.

HDFC Q1: Temporary margin compression mars strong show

Robust growth in the individual segment and lower credit costs bolster performance

Buy HDFC; target of Rs 2900: Prabhudas Lilladher

Prabhudas Lilladher is bullish on HDFC has recommended buy rating on the stock with a target price of Rs 2900 in its research report dated July 29, 2022.

HDFC hikes lending rate by 25 bps; home loans to be costlier

The rate hike comes ahead of the RBI’s Monetary Policy Committee (MPC) meeting later next week. It is widely expected that MPC would hike interest rates to tame high inflation.

HDFC Standalone June 2022 Net Sales at Rs 13,240.31 crore, up 13.58% Y-o-Y

HDFC Consolidated June 2022 Net Sales at Rs 23,183.42 crore, down 25.19% Y-o-Y

Moneycontrol Selects: Top stories this evening

Our specially curated package of the most interesting articles to help you stay at the top of your game

HDFC Life board approves issuance of over 3.5 crore shares to parent HDFC for Rs 2,000 crore

The insurer said the issuance of shares is subject to the approval of the shareholders besides, regulatory/statutory approvals.

HDFC Q1 Result | Net profit rises 22% to Rs 3,668.82 crore, AUM grows 17%

HDFC Q1 Result: The home loan lender reported loan growth of 16%, driven by individual loans that grew 19%t year-on-year on an AUM basis

HDFC Bank to be among world's top 10 most valuable banks after merger: Report

HDFC Bank, India's largest private lender has a market capitalisation of about $108 billion and recently edged past Citigroup (over $100. 5 billion), which was at the 17th position

Prashant Jain and HDFC Balanced Advantage Fund: A look into the curious relationship

The record for the longest tenure as fund manager of a single mutual fund scheme is held by Prashant Jain, the outgoing chief investment officer of HDFC AMC. He was the fund manager of HDFC Balanced Advantage Fund for 28 years. Here’s a look at his legacy.

Banking Central | What does a bigger HDFC Bank mean for its closest rival?

SBI has enjoyed a monopoly over Indian banking since 1955 but that’s about to change following HDFC Bank's merger with HDFC. With an asset book of Rs 17.86 trillion, not too far from SBI’s Rs 26.64 trillion, HDFC Bank can challenge the state-owned lender's dominance, especially in the big-ticket loan market

Mid-cap Mania | Stocks that the largest mutual fund houses love to hold

Quality midcap stocks have helped fund managers to deliver better return over long run. Here are the top midcap stocks of the largest mutual fund houses

HDFC sells shares of Ansal Housing to recover dues

Details about HDFC’s loan exposure to Ansal were not provided. Details about HDFC’s loan exposure to Ansal were not provided.

HDFC Life Q1 profit rises 21% Rs 365 crore on better sales, higher renewals

Total premium rose 23 per cent to Rs 9,396 crore during the quarter from Rs 7,656 crore a year ago.