Yes Bank, HDFC Bank Among SBICap's Top Bank Picks
Jul 06, 2015
HDFC Bank Management on Q4 Earnings
Apr 23, 2015
On April 21, 2017 21:28 (IST)
The second largest private lender's management hinted this trend of falling staff strength may continue as greater efficiencies set in.
On April 21, 2017 14:12 (IST)
Gross non-performing assets (NPA) of the bank as a percentage of total advances rose to 1.05 per cent during the March quarter, from 0.94 per cent in the same quarter of 2015 -16 fiscal.
On April 22, 2016 19:02 (IST)
Its loan growth of about 27 per cent was more than twice the rate for the overall credit market, led by a 29.7 per cent rise in loans to individuals.
On April 22, 2016 15:45 (IST)
India's biggest private sector lender by market value surprised with 24 per cent jump in net interest income (interest earned on loans minus interest given on deposits). Analysts said rising NII is good for the banking system as it indicates robust credit growth.
On April 23, 2015 16:55 (IST)
HDFC Bank's net interest income grew 21.4 per cent in the March quarter as advances rose 20.6 per cent. Net interest margin was stable at 4.4 per cent. Bad loans as a percentage of total loans was at 0.9 per cent compared with 1 per cent in the third quarter.
On April 23, 2015 15:56 (IST)
India's largest private sector lender by market capitalisation HDFC Bank delivered another quarter of strong earnings for the January-March quarter.
On May 06, 2014 14:20 (IST)
HDFC's loan book grew 16 per cent year-on-year to Rs 1.97 lakh crore as against Rs 1.70 lakh crore in in the same quarter of previous fiscal. This excludes loans worth Rs 6,944 crore, which the bank sold over the last 12 months ending March 2014.
On April 25, 2014 14:58 (IST)
Restructured loans for Axis Bank is seen at Rs 1,000 crore in the March quarter compared to Rs 670 crore in the December quarter and its slippages seen around Rs 650 crore for March FY14 quarter against Rs 590 crore in the previous quarter.
On April 22, 2014 14:46 (IST)
The Mumbai-based bank said net profit rose 23 per cent to 23.27 billion rupees ($384.79 million) for its fiscal fourth quarter to March from 18.9 billion rupees in the same year-ago period. Analysts had on average forecast a net profit of 23.91 billion rupees, according to Thomson Reuters data.
On April 22, 2014 15:26 (IST)
The Mumbai-based bank said net profit rose 23 per cent to Rs 2,327 crore for its fiscal fourth quarter to March from Rs 1,890 crore in the same year-ago period. Analysts had on average forecast a net profit of Rs 2,391 crore, according to Thomson Reuters data.
On April 22, 2014 11:06 (IST)
Energy stocks traded with over 2 per cent gains with state-run oil retailer BPCL rising over 3 per cent. BPCL was also the top Nifty gainer. Reliance Industries shares traded 2.3 per cent higher.
On April 22, 2014 09:06 (IST)
Credit cost, which is another yard stick of measuring operational efficiency of banks, is expected at 65 basis points (100 basis points is equal to 1 per cent) for HDFC Bank.
On May 26, 2013 15:59 (IST)
According to analysts, private banks continued to outshine their public sector peers on both profitability and asset quality in the January-March quarter, highlighting yet again poor risk management and recovery of the government-owned lenders.
On May 05, 2013 19:43 (IST)
The next set of corporate earnings and factory output data will be key triggers for stock markets in this week, say experts. Among major corporate earnings this week are HDFC, Punjab National Bank, NTPC, Reliance Communications and Ranbaxy Laboratories.
On April 23, 2013 15:09 (IST)
According to Thomson Reuters I/B/E/S, analysts had expected a net profit of Rs 1,887 crore for the bank, which is also listed in New York and competes with bigger local rivals State Bank of India and ICICI Bank.
On March 29, 2013 13:02 (IST)
Banking and NBFCs stocks lost nearly Rs 1.43 lakh crore in market capitalization during the last quarter of the current fiscal ended March 2013. The estimated 14 per cent loss in the market value of banking and non-banking financial companies (NBFCs) is much higher than the overall plunge of less than eight per cent across the stock market between ...
On May 27, 2012 12:20 (IST)
Major investments included ONGC (Rs 10,800 cr), PNB (Rs 1,900 cr) and Bank of Baroda (Rs 1,400 cr).
On May 21, 2012 11:51 (IST)
SBI extend gains on the back of stellar Q4 numbers. Reliance Infra was the top Nifty gainer.