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HDFC Bank Ltd. engages in the provision of banking and financial services, including commercial banking and treasury operations. The firm also provides financial services to upper and middle income individuals and corporations in India. Read More It operates through the following business segments: Treasury, Retail Banking, Wholesale Banking, and Other Banking Operations. The Retail segment primarily consists of net interest earnings from the investment portfolio of the bank, money market borrowing and lending, gains and losses on investment operations and on account of trading foreign exchange and derivative contracts. The Retail Banking segment provides loans and other services to customers through a branch network and other delivery channels. The Wholesale Banking segment provides loans, non-fund facilities and transaction services to large corporates, emerging corporates, public sector units, government bodies, financial institutions and medium scale enterprises. The Other Banking Business segment includes income from para banking activities such as credit cards, debit cards, third party product distribution, primary dealership business and the associated costs. The company was founded by Aditya Tapishwar Puri in August 1994 and is headquartered in Mumbai, India.
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Yahoo FinanceMay 21
HDFC Bank in Focus: Stock Moves 6% Higher
HDFC Bank Limited HDB was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $114.17 to $119.89 in the past one-month time frame. The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current q...
Yahoo FinanceMay 12
Will HDFC Bank Limited's Earnings Grow In The Year Ahead?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! On 31 March 2019, HDFC Bank Limited (NSE:HDFCBANK) released its earnings update. Generally, the consensus outlook from analysts appear somewhat bearish, with profits predicted to rise by 16% next year relative to the higher past 5-year average growth rate of 19%. By 2020, we can expect HDFC Bank’s bottom line to reach ₹258b, a jump from the current trailing-twelve-month of ₹223b. I wi...
Jet Airways crisis: HDFC Bank to auction cash-strapped airline's BKC Mumbai office space over Rs 415 cr loan default
HDFC Bank, one of the lenders to the now-grounded Jet Airways, has decided to auction prime office space owned by the airline in Mumbai's Bandra Kurla Complex (BKC) after Jet Airways failed to pay back a loan of Rs 414.80 crore, a media report said.
Expected Jul 18