HDFC

World Bank, JICA, SBI Capital & HDFC Bank show interest in dedicated freight corridor project on PPP | India News

NEW DELHI: Around 42 entities including multilateral financial institutions, commercial banks and major infrastructure players have shown interest in the Sonnagar–Gomoh section of the Eastern Dedicated Freight Corridor which will be developed on Public Private Participation (PPP) mode at an estimated cost of Rs 9,000 crore. The DFCCIL, the SPV executing the two dedicated freight …

World Bank, JICA, SBI Capital & HDFC Bank show interest in dedicated freight corridor project on PPP | India News Read More »

HDFC Bank is monitoring CV sector hit by diesel price hike

India’s largest private sector lender HDFC Bank is closely tracking developments in the commercial vehicle (CV) space, where it has spotted the impact of high diesel prices. Outstanding loans for CVs and construction equipment (CE) stood at ₹27,100 crore as on June 30, making up a little over 5% of HDFC Bank’s domestic retail loans. …

HDFC Bank is monitoring CV sector hit by diesel price hike Read More »

HDFC Bank reports 14% increase in Q1 net, performance hit by second Covid wave

HDFC Bank’s consolidated net profit for the June quarter increased 14 per cent to ₹7,922 crore, but the largest private sector lender reported reverses because of the second wave of the pandemic which compressed its growth. When compared with the preceding March quarter’s ₹8,434 crore, there was a decline in the consolidated profit. On a …

HDFC Bank reports 14% increase in Q1 net, performance hit by second Covid wave Read More »

Standard Life to sell HDFC Life shares worth $621 million

Standard Life, the co-promoter of HDFC Life Insurance Co. Ltd, is selling a 3.46% stake in the company, worth at least $621 million ( ₹4,606 crore) through a block deal, according to the deal terms seen by Mint. Standard Life (Mauritius Holdings) 2006 Ltd currently owns an 8.88% stake in the life insurance company. Shares …

Standard Life to sell HDFC Life shares worth $621 million Read More »