HDFC Bank's Q1 FY09 net profit jumps 44.6 percent boosted by Centurion buy India's second largest private sector bank, HDFC Bank has posted 44.6 percent jump in net profit for the fiscal quarter ended June 30, 2008, attributing the surge in earnings to its successful acquisition of smaller Centurion Bank of Punjab. 28 Jul 2008
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HDFC posts 26 percent rise in net profit in Q1 of FY09 India's largest mortgage lender, Housing Development Finance Corporation or HDFC has reported a 26 percent growth in net profit for the fiscal quarter ended June 30, 2008. 17 Jul 2008
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HDFC Bank net profit up 37 percent in Q4, 85 percent dividend recommended India's second largest private sector bank, HDFC Bank has posted a 37 percent rise in net profit for the fiscal quarter ended March 31, 2008, at Rs.471.10 crore ($117.77 million) as against Rs.343.57 crore ($85.89 million) for the corresponding period a year earlier. 25 Apr 2008
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HDFC sees high inflation worrisome, but manageable The unexpected rise in the annual inflation figure is on the higher side and worrisome, but it is premature to talk about any rate hikes now, a top official at Housing Development Finance Corp said on Friday. 28 Mar 2008
Reliance Communications, HDFC Bank join hands to launch virtual credit card Anil Dhirubhai Ambani Group's (ADAG) flagship company Reliance Communications and India's second largest private sector bank, HDFC Bank, have joined hands to offer to India's first virtual credit card - Reliance mPay credit card - to Reliance mobile users across India. 21 Feb 2008
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Standard Life, HDFC JV plans IPO UK insurer Standard Life and Indian mortgage-lender Housing Development Finance Corp (HDFC) said they planned to float part of their life insurance joint venture in India before the end of 2009. 31 Dec 2007
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State Bank of India to raise $4 billion in rights issue State Bank of India, the country's biggest bank, will raise Rs.16000 crore ($ 4 billion) to help meet credit demand and compete in the booming economy after the government on Friday approved a rights issue. 01 Dec 2007
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BSE Sensex drops 0.4 percent on Friday, banks slip Indian shares fell for a second day on Friday, led by lenders such as ICICI Bank, as U.S. credit woes rattled Asian markets and hit sentiment for financials. 16 Nov 2007
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BSE Sensex falls 0.7 percent on Thursday, banks down Indian shares dropped 0.7 percent on Thursday, after rising more than 6 percent in the previous two days, as worries about the U.S. credit troubles fallout came back to haunt global markets. 15 Nov 2007