HDFC Bank shares snap six-day winning streak, slide nearly 3%

HDFC Bank's shares have risen by more than 18% in the last six months. Over the last one-year period, the market price of the stock has gained by 12.84 percent. For the December quarter, the bank reported a 19.9 percent jump in the net profit to ₹12,698 crore.

HDFC Bank shares close nearly 1% lower despite decent Q3 results; here's why

<ul><li>According to analysts, the stock witnessed profit booking as good results were already discounted in the price.</li></ul>

HDFC Bank Q3 profit rises 18.5% to ₹12,260 crore

Total income on a standalone basis rose to ₹51,207.61 crore in the October-December quarter of FY23, as against ₹40,651.60 crore in the same period of the previous financial year, HDFC Bank said in a regulatory filing.

Brokerages keep faith in HDFC Bank despite lower-than-expected Q3 credit growth

HDFC Bank's advances aggregated to approximately ₹15.07 lakh crore as of December 31, 2022, clocking a growth of around 19.5 percent over ₹12.61 lakh crore as of December 31, 2021.

SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI

<ul><li>The Reserve Bank of India (RBI) had announced SBI and ICICI Bank as D-SIBs in 2015 and 2016. Based on data collected from banks as on March 31, 2017, HDFC Bank was also classified as a D-SIB.</li></ul>

Banks likely to remain on profitable path in New Year too with robust credit growth

Robust credit demand and high interest rate regime due to tight monetary conditions globally are also expected to help the profitability of the banks.

'Indian rupee's worst is likely over, to gain in 2023'

The rupee was at 82.85 per U.S. dollar on Tuesday, having dropped 11.5% so far in 2022, on course to log its worst yearly decline since 2013.

HDFC Bank hikes MCLR rates by 10 basis points; Here's what it means for your home loans

HDFC Bank has raised the marginal cost of fund-based lending rate (MCLR) by up to 10 basis points (bps). Read further to know more

HDFC Bank, Canara Bank get approval for rupee trade with Russia: Report

<ul><li>India's central bank has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special ‘vostro account’ for trade in rupees with Russia, Business Standard reported.</li></ul>

Private banks post solid earnings in Q2 driven by margin expansion and a fall in bad loans

According to the most recent RBI data, bank credit increased 17.94% YoY as of October 21, 2022. Deposit growth was 9.5% during the same period. Going forward, credit rating agency firm, Crisil sees bank credit to grow at 15% this fiscal and the next, citing broad-based economic recovery.

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HDFC Bank shares snap six-day winning streak, slide nearly 3%

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