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Tag : HDFC Bank

BUSINESS

HDFC-HDFC Bank Merger Approved, Board Considering Raising Funds Through NCDs

Chinmay Bohra
India’s largest mortgage lender, Housing Development Finance Corp (HDFC), plans to raise funds through non-convertible debentures (NCDs) to meet its capital requirements post-merger with HDFC...
MARKETS

PSU Banks Shares Up to 7% as Adani Sells Stake in Group Company to Cut Debt

Nilesh
Public sector banks exposed to Adani Group companies saw heavy buying on the morning of March 3 after the port-to-power group raised funds by selling...
MARKETS

Rate-Sensitive Shares See Mixed Trend After RBI Hikes Repo Rate by 25 Bps

Nilesh
Shares of rate-sensitive sectors such as banks, autos and real estate were mixed on Wednesday after Reserve Bank of India (RBI) Governor Shaktikanta Das announced...
STOCK MARKET

Market Falls 1%, Nifty Dips Below 17,900, Sensex Plunges 773 Points

Nilesh
India’s benchmark index fell more than 1% on January 25, with the Nifty index closing below 17,900, amid a sell-off across sectors, especially power, oil...
BUSINESS

NARCL Emerges as Top Bidder for SREI with NPV of Rs 5,555 Crore

Nilesh
National Asset Reconstruction Company Ltd (NARCL) emerged as the top bidder in the auction of two finance firms, Srei Infrastructure Finance and Srei Equipment Finance,...