EY, BDO Value Reliance Retail at Rs 7.4-7.7 Trillion
Two global advisers value Reliance Retail (RRL) at Rs 7.42-7.72 trillion ($9-93 billion) ahead of a possible first stake sale by parent Reliance Industries (RIL)....
Tag : HDFC Bank
HDFC Bank First Quarter Update: Advances grow 13.1%, Deposits Rise by 19.2% YoY
HDFC Bank, the private lending giant in the country, registered a 15.8% growth in its advances at approximately Rs 16,15,500 crore as of Q1FY23 against...
HDFC Life Faces Rs 942 Crore GST Demand
HDFC Life Insurance has received a cause-and-demand notice from the Directorate General of Goods and Services Tax Intelligence asking why the insurance company should not...
Axis Bank Gets Rs 3 Trillion Market Capitalisation Mark, Shares Soar 7% in 1 Week
Axis Bank has joined the Rs 3 trillion market capitalisation club, with shares of the privately held lender hitting a new high of Rs 978.85...
SBI Funds can now Buy up to 10% Stake in HDFC Bank, RBI Approves
SBI Funds Management (SBIFML), a joint venture between the State Bank of India and France’s AMUNDI, received permission from the Reserve Bank of India (RBI)...
HDFC, HDFC Bank Move to Ex-Date for Dividend, Shares Fall Up to 2%
Shares of HDFC Twins, Housing Development Finance Corporation (HDFC) and HDFC Bank fell 2% on the BSE in intraday trade on Tuesday after the dividend...
Merged HDFC Firm Could Witness $200 Million Outflow Post MSCI Tweak
Besides Street’s hope for HDFC’s merged entity wanting double the current weight in MSCI, it tweaked the adjustment factor on May 5, showing the weight will remain...
HDFC Life Share Soars 8% as RBI Raises Stake After Merger of HDFC Twins
On April 24, HDFC Life Insurance Company shares rose to a one-year peak of more than 8% after the Reserve Bank of India allowed raising...
HDFC Bank Gets Post-Merger Relief
To ease the pressure on HDFC Bank and HDFC, the Reserve Bank of India (RBI) has allowed the bank to gradually meet priority sector loan...
RBI Clarifies Terms of HDFC-HDFC Bank Merger
On Friday, HDFC Bank told the exchanges that it had obtained clarifications from the Reserve Bank of India on its merger with HDFC. The explanations...