India’s leading private sector bank, HDFC Bank, is scheduled to unveil its fourth-quarter results for FY26 on April 18, 2025. Ahead of the announcement, the bank released its quarterly business update, offering a glimpse into its operational performance. Business Performance at a Glance The lender posted a robust 12% year-on-year expansion in gross advances, reaching…
It has been a turbulent Thursday for HDFC Bank. India’s premier private lender saw its shares plummet by nearly 9% in early trade today, March 19, 2026. The volatility followed the sudden exit of part-time Chairman Atanu Chakraborty, an event that wiped out over ₹1 lakh crore in market valuation within minutes of the opening…
IntroductionHDFC Bank has restarted discussions with Japan’s Mitsubishi UFJ Financial Group (MUFG) for a potential 20% stake sale in its subsidiary, HDB Financial Services. This move comes as the Reserve Bank of India (RBI) proposes changes to holding norms, pushing the bank to reevaluate its strategy ahead of HDB Financial’s anticipated IPO. What’s driving the…
Last week, the BSE benchmark fell by 156.61 points, or 0.19 percent. Among the top 10 most valuable companies, four collectively added Rs 81,151.31 crore to their market capitalization, with ICICI Bank and HDFC Bank leading the gains. While HDFC Bank, Bharti Airtel, ICICI Bank, and State Bank of India saw increases, Reliance Industries, Tata…
Nifty Soars: FY24 Witnesses Remarkable Performance The financial year 2023-24 marked an exceptional period for the Indian stock market, with the Nifty showcasing outstanding growth. Garnering over 30 percent returns, this fiscal year proved to be the most lucrative since 2010. A significant majority, approximately 48, of the Nifty 50 stocks demonstrated positive returns, reflecting…
Embracing 2024: Anticipating Market Dynamics As the dawn of the new year, 2024, unfolds, the financial markets are poised for potential growth, fostering hopes of extending their triumphant streak for the ninth consecutive year. However, this ascent might commence at a gradual pace. Broad Market Resilience The broader market scenario paints a positive picture, with…
