HDFC Bank reported healthy March-quarter financials (Q4FY24) after missing out on several fronts in Q3. The private lender has largely ticked all the right boxes in Q4, delivering better-than-expected deposit growth, positively surprising margins, and seeing a rebound in its liquidity coverage ratio (LCR). This has made brokerages issue bullish calls on the lender and bump up their respective targ...

Results on April 22: Reliance Industries, Aarti Surfactants, Aditya Birla Money, Mahindra Logistics, Rallis India, Tejas Networks, Tamilnad Mercantile Bank, Hatsun Agro Product, Kesoram Industries, K P Energy, Epigral, Piccadily Agro Industries, Piccadily Sugar & Allied Industries, Rajratan Global Wire, and Trident Lifeline will be in focus ahead of declaring their quarterly earnings.Wipro: The te...

Indraprastha Medical Corporation surged 19 percent in early trade on April 5 as India's largest private lender HDFC Bank offloaded 27.8 lakh shares in the medical player.HDFC Bank sold 3.03 percent of the total share capital of Indraprastha Medical Corporation for an all-cash consideration of Rs 55.46 crore.The average price was around Rs 199.38 for the shares that were sold from February 29 to Ap...

HDFC Bank shares extended gains on April 5, following its fourth quarter (Q4FY24) business update that showcased strong deposit growth, boosting investor confidence.This uptick in deposit performance has garnered positive attention from various international brokerages who are bullish on the private lender and see up to 34 percent upside in the stock from the last closing price.Overnight, HDFC Ban...

HDFC Bank, India's largest private sector lender, has increased its repo rate-linked home loan interest rates gradually since January this year.The rates were increased even though the Reserve Bank of India has kept the repo rate unchanged since April last year. As the name suggests, repo rate-linked home loan rates should move in tandem with changes in the repo rate.The increases (see graphic) ap...