To tackle foreign banks, there could be more mergers. Most Indian banks are regionally focused,” said an analyst at Religare Securities, who asked not to be named. HDFC Bank has a market capitalization of $13.1 billion, and ICICI is …
StockMarketWire.com - Standard Life says it has noted today's announcement by Housing Development Finance Corporation (HDFC), in relation to the proposed merger involving HDFC Life, Max Life Insurance, Max Financial Services …
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HDFC Bank, the second-largest private sector lender, posted a 45 per cent rise quarterly net profit, above expectations, but its shares fell 1.2 per cent to Rs977.35 on rising bad debts. Its bigger rival ICICI Bank rose 3.5 per cent to Rs441.1, …
According to Anand Narayan, vice president of information technology at HDFC Bank, the financial institution has "prioritized ... was the automation of pledge creation and withdrawal for securities in exchange for bank loans. When …
HDFC Bank Ltd. (HDB) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent …