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Sensex, Nifty advance on gains in IT, financial stocks amid global gains

January 24, 2023 10:50 am

The 30-share BSE Sensex rose by 273.27 points or 0.45 per cent to 61,214.94 as 21 of its constituents traded in the green.

HDFC Bank Q3 net profit jumps 18.5% to Rs 12,259.5 crore

January 15, 2023 7:06 am

Gross non-performing assets (GNPAs) stood at 1.23 per cent of gross advances, compared to 1.26 per cent as on December 31, 2021.

Sensex, Nifty decline in early trade

January 10, 2023 12:01 pm

The 30-share BSE Sensex declined 243 points to 60,504.30 points. The broader NSE Nifty fell 61.75 points to 18,039.45 points.

SBI, ICICI, HDFC Bank remain systemically important banks: RBI

January 03, 2023 12:46 am

SIBs are perceived as ones that are ‘Too Big To Fail’ and their continued functioning is critical for the uninterrupted availability of essential banking services to the real economy.

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India’s M&A deals soar to $126.09 bn

January 02, 2023 1:41 am

Steel maker ArcelorMittal’s arm AM/NS India acquisition of two port assets and a power plant from the Essar Group for a net value of about $2.4 billion, and private lender Axis Bank’s acquisition of Citibank's India consumer business for $1.6 billion in an all-cash deal among others topped the charts, according to Bloomberg data.

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Rupee's worst is likely over, to gain in 2023: HDFC Bank treasurer

December 28, 2022 9:42 am

Panda said the rupee could bottom around 83 and then rise.

‘HDFC Bank awaiting RBI response’

November 27, 2022 8:16 am

The lender has also sought necessary forbearance from RBI in respect of complying with the timelines for statutory liquidity ratio (SLR) and cash reserve ratio (CRR) requirements.

State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, Business news, Indian express business news, Indian express, Indian express news, Current Affairs

Banks launch offers to attract customers, boost credit growth amid rate cycle uptrend

October 16, 2022 3:43 am

Bank credit grew at 16.4 per cent to Rs 126.3 lakh crore in the fortnight ended September 23, 2022.

At Rs 10,605.8 crore, HDFC Bank Sept quarter net profit jumps 20.1%

October 16, 2022 3:14 am

On a standalone basis, the largest private sector lender's net profit rose by over 20.1 per cent to Rs 10,605.78 crore as against Rs 8,834.31 crore in the year-ago period and Rs 9,196 crore in the preceding June quarter.