Climate tech start-up Ecozen raises $25 mn to expand beyond agriculture
The debt portion was provided by Maanaveeya Development and Finance, Oxyzo, Northern Arc group, HDFC Bank and Axis Bank24-01-2023
24-01-2023
HDFC Bank rallies 7% in six days; stock inches towards all-time high
The management said the final hearing of NCLT, regarding the merger with HDFC, would take place on January 27, 2023, post which regulatory process will remain to be undertaken.24-01-2023
HDFC Bank Ltd - 500180 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The Bank has allotted today 1037160 equity shares to the employees of the Bank pursuant to exercise of options under its Employees Stock Options Scheme (ESOS). The Paid up Share Capital of the Bank will accordingly increase from Rs. 5576755396 equity shares of Re.1/- each to Rs. 5577792556 equity shares of Re.1/- each.23-01-2023
HDFC Bank Ltd - 500180 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Earnings Call for the third quarter and nine months ended December 31, 202220-01-2023
Buy HDFC Bank; target of Rs 1890: Geojit
Geojit is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1890 in its research report dated January 19, 2023.19-01-2023
HDFC Bank Ltd - 500180 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 202217-01-2023
Buy HDFC Bank; target of Rs 1960: KR Choksey
KR Choksey is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1960 in its research report dated January 17, 2023.17-01-2023
HDFC Bank Ltd - 500180 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Proposed composite scheme of amalgamation for the amalgamation of: (i) HDFC Investments Limited and HDFC Holdings Limited, wholly-owned subsidiaries of Housing Development Finance Corporation Limited, with and into HDFC Limited; and (ii) HDFC Limited with and into HDFC Bank Limited17-01-2023
Analysts expect upside of up to 20% in HDFC Bank on Q3 cheer
Of the 31 analysts tracking the stock, 30 have a 'buy' or 'outperform' rating while one has a 'hold' rating. On aggregate, these analysts expect the stock price to hit 1,904.6, which translates into a 20.1% upside potential from the current levels, showed a Bloomberg poll of analysts.17-01-2023
Q3FY23 Quarterly Result Announced for HDFC Bank Ltd.
HDFC Bank announced Q3FY23 results: Q3FY23: The Bank's net revenue, grew by 18.3% to Rs 31,487.7 crore for the quarter ended December 31, 2022 from Rs 26,627.0 crore for the quarter ended December 31, 2021. Excluding net trading and mark to market income, the net revenue grew by 22.1 % over the quarter ended December 31, 2021. Net interest income (interest earned less interest expended) for the quarter ended December 31, 2022 grew by 24.6% to Rs 22,987.8 crore from Rs 18,443.5 crore for the quarter ended December 31, 2021. Core net interest margin was at 4.1% on total assets, and 4.3% based on interest earning assets. The four components of other income for the quarter ended December 31, 2022 were fees & commissions of Rs 6,052.6 crore (Rs 5,075.1 crore in the corresponding quarter of the previous year), foreign exchange & derivatives revenue of Rs 1,074.1 crore (Rs 949.5 crore in the corresponding quarter of the previous year), net trading and mark to market income of Rs 261.4 crore (Rs 1,046.5 crore in the corresponding quarter of the previous year) and miscellaneous income, including recoveries and dividend, of Rs 1,111.8 crore (Rs 1,112.5 crore in the corresponding quarter of the previous year). Operating expenses for the quarter ended December 31, 2022 were Rs 12,463.6 crore, an increase of 26.5% over Rs 9,851.1 crore during the corresponding quarter of the previous year. The cost-to-income ratio for the quarter was at 39.6%. Profit before tax (PBT) for the quarter ended December 31, 2022 was at Rs 16,217.6 crore. After providing Rs 3,958.1 crore for taxation, the Bank earned a net profit of Rs 12,259.5 crore, an increase of 18.5% over the quarter ended December 31, 2021. Consolidated Q3FY23: The consolidated net profit for the quarter ended December 31, 2022 was Rs 12,698 crore, up 19.9%, over the quarter ended December 31, 2021. Consolidated advances grew by 19.2% from Rs 1,312,142 crore as on December 31, 2021 to Rs 1,563,799 crore as on December 31, 2022. The consolidated net profit for the nine months ended December 31, 2022 was Rs 33,403 crore, up 21.0%, over the nine months ended December 31, 2021. Result PDF16-01-2023