HDFC Bank net profit surges by 21 per cent in Q2
Business | October 20, 2018 17:03 ISTThe bank had registered a net profit of Rs 4,151.03 crore in the similar July-September quarter of 2017-18.
The bank had registered a net profit of Rs 4,151.03 crore in the similar July-September quarter of 2017-18.
A 20-year-old man identified as Sarfaraz Shaikh told a magistrate that he killed Sanghvi as he needed money to pay EMIs of his motorcycle.
The police have arrested Sarfaraz Shaikh in connection to the case.
HDFC Vice President goes missing from office for 3 Days
According to reports, Sanghvi (38), had left for office from his Malabar Hills house at 8.30 am Wednesday. However, he didn't return home till 10 pm that day. His wife then filed a complaint with the police.
The tech giant added that it was working with the banks to provide instant loans to Google Pay users.
HDFC Asset Management Company made a blockbuster debut at the bourses on Monday, with its shares surging 65 percent, against the issue price of Rs 1,100 per share
The IPO, to raise Rs 2,800 crore, received bids for 80,26,20,988 shares against the total issue size of 1,88,04,290 shares, NSE data till 1415 hrs showed.
The initial public offer of HDFC Asset Management Company was subscribed 35 per cent within the first few hours on the first day of bidding on Wednesday
This is the first tranche of the Rs 24,000-crore capital raising plan announced last December.
Most of the banks, including SBI, PNB and BoB, have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.
The company had registered a net profit of Rs 3,079.33 crore in the January-March quarter of the previous financial year (2016-17).
The move has, however, been welcomed as "constructive" by Rahul Raj, Founder & CEO, Koinex, India's leading cryptocurrency exchange.
The bank registered 15 per cent rise in interest income to Rs 19,670 crore in the September quarter.
HDFC Bank reported a 22 per cent increase in net interest income year-on-year to Rs 9,752 crore, ahead of analysts' estimates.
In a statement on Monday, Max Financial Services Ltd, Max India Ltd and Max Life confirmed that the proposed merger with HDFC Life has been called off
On a standalone basis, the number are worse as net income fell 17 per cent to Rs 1,555.74 crore due to higher tax liabilities coupled with lack of profit on sale of investment
Embedded Value of HDFC Life rose to Rs 12,390 crore as on March 31, 2017 as against Rs 10,230 crore. Assets Under Management increased by 24 per cent to Rs 91,740 crore.
Live Scorecard
Top News
Latest News
