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Monday, January 20, 2020

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HDFC NEWS

HDFC to raise up to Rs 2,500 crore by issuing bonds

December 24, 2019 5:57 pm

The secured redeemable non-convertible debentures are to be allotted on a private placement basis on Friday for an issue size of Rs 2,500 crore, HDFC Ltd said in a regulatory filing on Tuesday.

HDFC Bank appoints committee to pick MD Aditya Puri’s successor

November 29, 2019 3:38 am

“The board of the bank has constituted a search committee to identify a successor to Aditya Puri, the current MD of the bank, whose tenure ends on October 26, 2020,” the bank said in a filing.

HDFC chairman proposes one-time recast of ‘certain real estate loans’

November 07, 2019 4:30 am

According to Parekh, if these restructured accounts are considered as standard assets for a period of say, 12 months, lenders will stop being so diffident.

HDFC cuts home loan rate by 10 bps

October 15, 2019 6:35 am

The new rate will be effective from October 15, an HDFC statement said.

Deepak Parekh: ‘Economic challenges are cyclical, not deep-rooted malaise’

October 11, 2019 12:15 am

“Is there an acknowledgment that the Indian economy has hit a soft patch? Are efforts being made to rectify the same? Can we do better? The answer is clearly “yes” for all these three questions,” he said.

After L&T chief, it’s HDFC chief Deepak Parekh: 'Slowdown is here'

August 03, 2019 7:19 pm

“One is hopeful that normalcy will be restored soon and by the time the festive season sets in, some of the risk averseness should taper off,” Parekh said at the Annual General Meeting of HDFC.

HDFC cuts lending rates by 10 bps for new, existing borrowers

August 01, 2019 4:27 am

For home loans up to Rs 30 lakh, the financier is offering 8.60 per cent now. For women borrowers, the new rate is 8.55 per cent, HDFC said in a statement.

HDFC to buy 51.2% stake in Apollo Munich Health Insurance for Rs 1,346.8 crore

June 20, 2019 3:54 am

Post-acquisition of the shares by HDFC, Apollo Munich will be merged with HDFC Ergo General Insurance Company.

HDFC AMC shares tank nearly 7 per cent

June 18, 2019 2:30 pm

In a BSE filing, HDFC AMC said it has decided to provide a liquidity arrangement to certain fixed maturity plan schemes of HDFC MF to deal with the illiquidity faced by such FMP schemes due to their exposure to NCDs issued by Essel Group firms.

HDFC profit rises 27% in Q4

May 14, 2019 4:12 am

The board has proposed a final dividend of Rs 17.50 per share and the proposed final dividend is in addition to the interim dividend of Rs 3.50 per share declared by the board earlier in the year, taking the total dividend to Rs 21 as against Rs 20 per share for the previous year.