Shares of HDFC Asset Management Company jumped more than 2 percent in early trade on September 26 after it made additional investments in a subsidiary. At 10:35am, the HDFC AMC stock was trading 1.90 percent higher at Rs 2721.85 on NSE. HDFC Asset Management Company has invested Rs 25 crore in HDFC AMC International and continues to hold 100 percent stake in the arm. The entity being acquired belongs to financial and advisory service...
Summary: HDFC Bank has reported strong growth in advances, with a year-on-year increase of 15.7% to INR16.3 lakh crores ($219bn). Retail advances grew by 20% YoY, driven by performance in home and personal loans. Meanwhile, MSMEs and public sector lending grew by 29%, while the wholesale segment grew by 11% YoY. The bank's advances gross of IBPC grew by 20.1% YoY. HDFC Bank One, the customer experience hub, recorded over 22 millio...
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HDFC AMC jumps 2% on investing Rs 25 crore more in subsidiary
At 10:35am, the HDFC AMC stock was trading 1.90 percent higher at Rs 2721.85 on NSE.
HDFC Asset Management Company has invested Rs 25 crore in HDFC AMC International and continues to hold 100 percent stake in the arm. The entity being acquired belongs to financial and advisory service...
コラムHDFC Bank Limited (HDB) | Q1 2024 Earnings Call Transcript Summary
HDFC Bank has reported strong growth in advances, with a year-on-year increase of 15.7% to INR16.3 lakh crores ($219bn). Retail advances grew by 20% YoY, driven by performance in home and personal loans. Meanwhile, MSMEs and public sector lending grew by 29%, while the wholesale segment grew by 11% YoY. The bank's advances gross of IBPC grew by 20.1% YoY.
HDFC Bank One, the customer experience hub, recorded over 22 millio...
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