Edition:
United Kingdom

HDFC Bank Ltd (HDBK.BO)

HDBK.BO on Bombay Stock Exchange

1,966.95INR
23 May 2018
Change (% chg)

Rs-24.20 (-1.22%)
Prev Close
Rs1,991.15
Open
Rs1,985.00
Day's High
Rs1,990.00
Day's Low
Rs1,961.00
Volume
43,587
Avg. Vol
102,095
52-wk High
Rs2,064.90
52-wk Low
Rs1,562.05

Latest Key Developments (Source: Significant Developments)

HDFC Bank Says SEBI Directed To Conduct Internal Inquiry Into Leakage Of UPSI Relating To Financial Figures‍​
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Hdfc Bank Ltd ::SEBI DIRECTED BANK ON FEB 23 TO STRENGTHEN PROCESSES/SYSTEMS/CONTROLS TO ENSURE INSTANCES OF LEAKAGE OF UPSI DO NOT RECUR IN FUTURE.SAYS SEBI HAS DIRECTED BANK TO CONDUCT AN INTERNAL INQUIRY INTO LEAKAGE OF UPSI RELATING TO ITS FINANCIAL FIGURES‍​.  Full Article

HDFC Bank Says Divergence In Gross NPA As At March 31, 2017 Is 20.52 Bln Rupees
Friday, 19 Jan 2018 

Jan 19 (Reuters) - HDFC Bank Ltd ::SAYS DIVERGENCE IN GROSS NPA AS AT MARCH 31, 2017 IS 20.52 BILLION RUPEES.QTRLY CORE NIM OF 4.3 PERCENT.SAYS BALANCE NPA IN DIVERGENT ACCOUNT 2.94 BILLION RUPEES AS OF DEC 31, 2017 AFTER UPGRADE BASED ON JLF DECISION.  Full Article

HDFC Bank Dec Qtr Net Profit Up About 20 Pct
Friday, 19 Jan 2018 

Jan 19 (Reuters) - India's HDFC Bank Ltd ::DEC QUARTER NET PROFIT 46.43 BILLION RUPEES VERSUS NET PROFIT OF 38.65 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 46.31 BILLION RUPEES.DEC QUARTER GROSS NPA 1.29 PERCENT VERSUS 1.26 PERCENT PREVIOUS QUARTER.DEC QUARTER INTEREST EARNED 205.81 BILLION RUPEES VERSUS 176.06 BILLION RUPEES YEAR AGO.DEC QUARTER PROVISIONS AND CONTINGENCIES 13.51 BILLION RUPEES VERSUS 7.16 BILLION RUPEES YEAR AGO.DEC QUARTER NET NPA 0.44 PERCENT VERSUS 0.43 PERCENT PREVIOUS QUARTER.  Full Article

Housing Development Finance Corp Approves Raising Funds Worth Up To 130 Bln Rupees
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Housing Development Finance Corporation: :HOUSING DEVELOPMENT FINANCE CORPORATION -APPROVBED SUBSCRIPTION TO SECURITIES OFFERED BY HDFC BANK ON PREFERENTIAL BASIS FOR AMOUNT UP TO 85 BILLION RUPEES‍​.HOUSING DEVELOPMENT FINANCE CORPORATION - APPROVED CONSTITUTION OF COMMITTEE OF DIRECTORS OF CORP TO FINALISE AMOUNT OF INVESTMENT IN HDFC BANK.HOUSING DEVELOPMENT FINANCE CORPORATION - APPROVES RAISING FUNDS WORTH UP TO 130 BILLION RUPEES VIA ISSUE OF SECURITIES THROUGH PREFERNTIAL ISSUE OR QIP.HOUSING DEVELOPMENT FINANCE CORPORATION -APPROVED INCREASE IN AUTHORISED SHARE CAPITAL OF CORP TO 3.70 BILLION RUPEES‍​.  Full Article

Indo National Approves Providing Corporate Guarantee Of 85 Mln Rupees To HDFC Bank Chennai
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Indo National Ltd ::SAYS APPROVED TO PROVIDE CORPORATE GUARANTEE OF 85 MILLION RUPEES TO HDFC BANK CHENNAI ON BEHALF OF KINECO.COMPETITION COMMISSION OF INDIA IS INVESTIGATING ZINC CARBON DRY CELL BATTERY INDUSTRY INCLUDING CO IN RELATION TO CARTELISATION.  Full Article

Moody's upgrades four Indian financial institutions' ratings to Baa2 from Baa3
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Moody's -:MOODY'S UPGRADES FOUR INDIAN FINANCIAL INSTITUTIONS' RATINGS‍​.MOODY'S INVESTORS SERVICE HAS UPGRADED THE LONG-TERM RATINGS OF FOUR INDIAN FINANCIAL INSTITUTIONS TO BAA2 FROM BAA3‍​‍​.MOODY'S - UPGRADED THE LONG-TERM RATINGS OF FOUR INDIAN FINANCIAL INSTITUTIONS TO BAA2 FROM BAA3.MOODY'S - FOUR INDIAN BANKS ARE EXIM INDIA, HDFC BANK LIMITED, INDIAN RAILWAY FINANCE CORPORATION LIMITED , STATE BANK OF INDIA.MOODY'S HAS CHANGED TO STABLE FROM POSITIVE THE RATINGS OUTLOOK FOR IRFC; EXIM INDIA AND ITS LONDON BRANCH;.MOODY'S HAS CHANGED TO STABLE FROM POSITIVE OUTLOOK FOR HDFC BANK, ITS BAHRAIN AND HONG KONG BRANCH;SBI, ITS HONG KONG, LONDON, AND NASSAU BRANCHES.  Full Article

India's HDFC Bank Sept qtr profit up about 20 pct
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - India's HDFC Bank Ltd :Sept quarter net profit 41.51 billion rupees.HDFC Bank Ltd consensus forecast for sept quarter profit was 41.61 billion rupees.Sept quarter net NPA 0.43 percent versus 0.44 percent previous quarter .Sept quarter interest earned 196.70 billion rupees versus 170.70 billion rupees year ago.Sept quarter provisions and contigencies 14.76 billion rupees versus 7.49 billion rupees year ago.Sept quarter gross npa 1.26 percent versus 1.24 percent previous quarter.Says sept quarter core NIM 4.3 percent ‍​.Co in ongoing discussions with regulator in relation to observations made on implementation of JLF-approved flexbile structuring scheme.The profit and net NPA alerts were first sourced from TV and later confirmed from a press release off the NSE.  Full Article

HDFC Bank says RBI imposed penalty on bank on account of KYC/AML guidelines
Monday, 25 Jul 2016 

HDFC Bank Ltd : RBI imposed penalty of INR 20 million on bank on account of KYC/AML guidelines .  Full Article

HDFC Bank gets members' nod to issue debt instruments of up to 500 bln rupees
Friday, 22 Jul 2016 

HDFC Bank Ltd : Gets members' nod for issue of perpetual debt instruments, tier II capital bonds, senior long term infrastructure bonds up to 500 billion rupees .  Full Article

HDFC Bank June-quarter profit up 20 pct
Thursday, 21 Jul 2016 

HDFC Bank Ltd : India's HDFC Bank Ltd June-quarter net profit 32.39 billion rupees . June-quarter interest earned 165.16 billion rupees, June-quarter provisions 8.67 billion rupees . June-quarter gross npa 1.04 percent versus 0.94 percent previous quarter;net npa 0.32 percent versus 0.28 percent previous quarter . Consensus forecast for June-quarter net profit was 32.52 billion rupees . Says June-quarter nim 4.4 percent . The profit alert was first sourced from TV and was later confirmed from a press release at the NSE .  Full Article

Indian shares end higher; IT stocks lead

May 24 Indian shares ended higher on Thursday as IT stocks such as Infosys Ltd and Tata Consultancy Services Ltd (TCS) gained on the back of a weaker rupee.