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2 min read Last Updated : Oct 15 2024 | 4:04 PM IST Private sector life insurer HDFC Life on Tuesday reported a 14.85 per cent year-on-year (Y-o-Y) jump in net profit at Rs 433 crore in the July-September quarter of FY25 (Q2 FY25), driven mainly by growth in its back book, i.e., policies […]
1 min read Last Updated : Oct 15 2024 | 3:36 PM IST HDFC Asset Management Company (AMC) on Tuesday reported a 32 per cent year-on-year growth in profit after tax (PAT) to Rs 576.61 crore for the three months ended September 2024. The HDFC AMC’s profit after tax stood at Rs 436.52 […]
The debenture of tenure 10 years would carry a coupon rate of 8.05 per cent per annum. | Photo: Wikimedia Commons 1 min read Last Updated : Oct 09 2024 | 7:27 PM IST HDFC Life Insurance on Wednesday said the insurer plans to raise Rs 1,000 crore through non convertible debentures to fund […]
NEW DELHI: HDFC Life Insurance on Wednesday said the insurer plans to raise Rs 1,000 crore through non convertible debentures to fund business growth. The decision to this effect was taken by the Capital Raising Committee (CRC) of the HDFC Life Insurance Board, the insurer said in a regulatory filing. The fund would be raised […]
2 min read Last Updated : Oct 07 2024 | 3:47 PM IST HDFC Bank has raised its marginal cost of funds based lending rate (MCLR) by 5 basis points (bps) on select tenures, effective October 7. Consequently, HDFC Bank’s MCLR now ranges from 9.10 per cent to 9.50 per cent, according to its […]
HDFC Bank has increased lending rates by 5 bps on the 6-month and 3-year tenures. HDFC Bank Loan Rates: HDFC Bank has raised its marginal cost of funds-based lending rates (MCLR) on two tenures by a maximum of 5 basis points (bps). Following the adjustment, HDFC Bank’s MCLR interest rates will range from 9.10% to […]
2 min read Last Updated : Oct 04 2024 | 7:46 PM IST India’s largest private sector lender HDFC Bank is poised to see its weight increase further in global services provider MSCI indices due to its expanded foreign portfolio investor (FPI) investment headroom. The bank’s latest shareholding data, ending September 2024, reveals […]
Mumbai, Maharashtra, India: HDFC ERGO General Insurance Company, India’s leading private sector general insurer, conducted the grand finale of the first edition of the TechPreneur Day, a first-of-its-kind initiative in the Company, aimed at bolstering innovation in the Indian insurance sector. Launched in partnership with BCG, Google and HEIITB, the […]
A recent report by Macquarie Research indicated that HDFC Bank’s LDR, from a peak of approximately 110 per cent, has declined to 103.5 per cent | (Photo: Shutterstock) 3 min read Last Updated : Oct 04 2024 | 11:58 AM IST HDFC Bank, the country’s largest private sector lender, said on Friday that its […]
