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HDFC Bank share price has been on a downward trend, falling over 15 percent in the last 1 year and almost 17 percent in 2024 YTD. Despite the recent correction, global brokerage house Morgan Stanley sees over 49 percent upside in the largest private sector lender. ....
HDFC Bank announced that its home loan business experienced a stable and healthy double-digit YoY growth for two quarters, ending December 31, 2023. The growth in sales turnover has come on the back of a wider distribution network with a 3.6 percent sequential growth as of December 2023. ....
The Karnataka High Court has granted permission to the official liquidator of UB (Holdings) Ltd. to proceed with the valuation process of UB Towers and Rustumji Residency in Bengaluru, as well as HB Wallace Apartments in Mumbai, despite objections from HDFC Bank and SBI. Prestige Estate Projects did not oppose the process. ....
The RBI has kept the repo rate steady since February 2023 and is expected to continue doing so. The policy will be closely tracked for cues to a future rate cut ....