HDFC bank posted a standalone net profit of Rs 16,175 crore, climbing 35.3 per cent on a Year-On-Year (YoY) basis in the first quarter of Financial year (FY) 2025, as per the financial statement filed by the company with the stock exchanges on Saturday.
This drop was anticipated following HDFC Ltd's exit from the direct assignment (DA) market in July 2023. However, the quarter-on-quarter (Q-o-Q) change was minimal, with only a 3 per cent decrease, indicating potential growth in the securitisation market for the remainder of the fiscal year.
Gurugram (Haryana) [India], July 8: Start-up Accelerator Chamber of Commerce (SACC) India proudly announced the winners of its most recent cohort for the SACC India Pragati Seed Grant Program under the esteemed HDFC Parivartan Start-up Grants. This grants program provides funding to incubato
The data highlights a surge in the market capitalization of private sector banks for the three months ending June 30, with the sector showing stronger metrics compared to their public sector counterparts.
Mumbai (Maharashtra) [India], July 3: HDFC Capital Advisors Limited has acquired 8.5% in Truboard Technologies Pvt. Ltd. TruBoard has developed a technology platform called TruGenie for real estate asset management which aims to address investors, asset owners as well as the developer needs.
Mumbai (Maharashtra) [India], June 28: HDFC Life, one of India's leading life insurers, has launched an important initiative to elevate public awareness about life insurance. For several years, HDFC Life has been actively promoting National Insurance Awareness Day, celebrated on 28th June, t
Mumbai (Maharashtra) [India], June 28: HDFC SKY, the discount brokerage platform from HDFC Securities, has achieved a significant milestone of 100,000 active clients. This rapid growth underscores the platform's appeal in India's competitive investment landscape, particularly among younger i
New Delhi [India], June 28: Times Prime, India's premier lifestyle membership program, partnered with HDFC Diners Club to offer an exclusive cinematic experience for their esteemed members. The collaboration brought Times Prime's signature "Purple Carpet" event to life, featuring a special s
Bangalore (Karnataka) [India], June 27: Truecaller, the world's leading global communications platform, in collaboration with HDFC ERGO, India's leading general insurance Company, is proud to announce the launch of Fraud Insurance, an initiative aimed at providing enhanced protection to cons
Mumbai (Maharashtra) [India], June 21: HDFC securities Limited, a subsidiary of HDFC Bank and a leading stock broking company, proudly announces the launch of its enhanced InvestRight App, the introduction of BSE Futures & Options (F&O) trading, and the seamless integration with Inst
HDFC Life Insurance Company Limited anticipates an impact of approximately 100 basis points (on a gross basis) on the company's New Business Margin (NBM) after the insurance regulator IRDAI recently maintained surrender value on early exits by policyholders.
Mumbai (Maharashtra) [India], June 5: HDFC Life, one of India's leading life insurance companies, announced that it has crossed Rs 3 lakh crore in Assets Under Management (AUM). This milestone reflects the company's consistent growth and commitment to managing its policyholders' assets prude