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Thu, 19 Jan 2012 04:40:24 -0800

HDFC Bank Q3 net up 31 pct, beats forecast
REUTERS - HDFC Bank , India's third largest lender by assets, reported a higher-than-expected 31.2 percent rise in quarterly net profit on a drop in provisions and higher fee income, even as it cut back on corporate lending to protect margins . Net profit rose to 14.3 billion rupees in the fiscal third quarter ended December 31 from 10.9 billion rupees a year earlier, HDFC Bank said on Thursday ...
Thu, 19 Jan 2012 16:00:00 -0800

HDFC Bank beats estimates
The stock rose almost 1 per cent to close at Rs 485 on the BSE.
Thu, 19 Jan 2012 06:47:42 -0800

HDFC Bank Q3 net up 31.2%
HDFC Bank, India's third largest lender by assets, posted a 31.2 percent rise in December quarter profit, beating market forecasts, on lower loan loss provisions, stable asset quality and higher fee income.
Tue, 10 Jan 2012 05:53:41 -0800

HDFC Bank levies charges on inoperative A/c, cash deposits
If you are an account holder of HDFC Bank, then be prepared to pay Rs 50 per quarter for a non-operational account of over a year and Rs 25 for depositing cash of over Rs 1 lakh.
Tue, 24 Jan 2012 08:27:21 -0800

HDFC Bank opens branch in Chittoor
HDFC Bank has opened its 150th branch in Andhra Pradesh in Chittoor. “With this branch, we have strengthened our presence in Andhra Pradesh.
Thu, 19 Jan 2012 01:54:34 -0800

HDFC Bank says cut back on corporate lending
MUMBAI (Reuters) - HDFC Bank , India's third largest lender by assets, has cut back a little on corporate lending in order to protect margins, a senior official said. "On wholesale side, while we continue to grow our book at 15 percent, we have cut back a little on corporate lending," Executive Director Paresh Sukthankar said on a conference call. "If you look at marginal fixed deposit rates and ...
Tue, 24 Jan 2012 06:33:21 -0800

RBI adopted a dovish policy: HDFC Bank official
Chennai, Jan 24: The 50 basis points cut in the cash reserve ratio (CRR) by the Reserve Bank of India (RBI) Tuesday in its third quarter review of monetary policy shows it has adopted a "dovish policy" than what was anticipated, said a senior official of HDFC Bank Ltd.
 
Thu, 19 Jan 2012 13:37:14 GMT


Business Today

HDFC Bank Profit Grows 31%
Wall Street Journal
By NUPUR ACHARYA MUMBAI – HDFC Bank Ltd. Thursday topped market expectations with a 31% jump in third-quarter net profit, aided by robust loan demand, growth in fee income and lower provisions against bad loans. Net profit for the October-December ...
HDFC Bank beats Street estimates; net rises 31%Livemint
HDFC Bank Q3 Profit RisesNASDAQ

all 106 news articles »
Fri, 03 Feb 2012 10:11:21 GMT


Indian shares provisionally close up 0.9 percent
Reuters
| MUMBAI Feb 3 (Reuters) - Indian shares provisionally gained 0.89 percent on Friday, led by gains in Reliance Industries Ltd and HDFC Bank Ltd, as a surge in foreign fund inflows and positive economic data boosted investor sentiment.

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Wed, 01 Feb 2012 20:56:45 GMT


GreaterKashmir.com

HDFC Bank opens 11th branch in Jammu
GreaterKashmir.com
Other dignitaries present on the occasion were Zubair Iqbal, Vice President, HDFC bank Ltd, Sachin Mahajan , Assistant Vice President, HDFC Bank Ltd. The new branch will offer customers world-class banking services under one roof ranging from basic ...

Tue, 31 Jan 2012 14:27:36 GMT


Hindu Business Line

India Central Bank Allows All Private-Sector Banks To Conduct Government Business
Fox Business
BY), HDFC Bank Ltd. (500180.BY) and Axis Bank Ltd. (532215.BY)--are allowed to act as agents of the Reserve Bank of India to conduct the governments' banking business. In a press release Tuesday, the RBI said the change was being made to improve ...
All private sector banks eligible to handle govt business: RBIAll India Radio

all 128 news articles »
Mon, 06 Feb 2012 18:56:40 GMT


The India Fund, Inc. Announces Performance Data and Portfolio Composition
MarketWatch (press release)
Stock Percent of Net Assets Infosys Ltd. 9.4 Housing Development Finance Corporation 8.0 ITC Ltd. 6.4 Tata Consultancy Services Ltd. 6.1 Reliance Industries Ltd. 6.0 ICICI Bank Ltd. 5.8 HDFC Bank Ltd. 5.8 Dr. Reddy's Laboratories Ltd. 2.9 Bajaj Auto ...

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Wed, 01 Feb 2012 08:56:49 GMT


VC Circle

Sovereign Funds Of Abu Dhabi & Singapore Bet Over $650M On HDFC Bank
VC Circle
BY VIVEK SINHA World's largest sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has quietly acquired close to 2 per cent stake in HDFC Bank Ltd, the country's most valued private lender, in what could have cost it around Rs 2000 crore ($400 ...

Sat, 21 Jan 2012 08:39:16 GMT


Accumulate HDFC Bank - Stable quarter led by other income - IDBI Capital
Equity Bulls
HDFC Bank Ltd. (HDFCB) reported Net Interest Income (NII) of Rs31.2 bn, up 12.2%/5.8% YoY/QoQ, largely in line with our estimate (IDBIest Rs31.7 bn). NII was driven by credit growth of 22% YoY and stable margins at 4.1%. PAT for the quarter stood at ...

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