The leader in private sector lenders, HDFC Bank, has received an administrative warning from capital market regulator Securities and Exchange Board of India (Sebi), the bank informed through a company filing on Monday.
In the last week, the 5 out of 10 companies added Rs 1,13,117.17 crore to their total market valuation.
The market capitalization (market cap) of HDFC Bank topped the Rs 14 trillion mark for the first-time ever on Thursday.
Last week, four of the top 10 most-valued firms together added Rs 81,151.31 crore in market valuation. ICICI Bank and HDFC Bank emerged as the biggest gainers.
The size of the IPO of HDB Financial Services Ltd (HDBFS) will be Rs 12,500 crore, including a fresh issue of Rs 2,500 crore, the bank said in a regulatory filing.
There is a risk-on mood in the market triggered by the hope that the raging Israel-Hamas conflict will not spread, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
On the offer front, the customers in India can get up to Rs 10,000 instant savings on eligible products with HDFC Bank Credit cards.
A user on a famous Underground Hacker Forum had posted 7.5 GB of HDFC Bank data that allegedly includes full names, email addresses, physical addresses, and sensitive financial data, according to the user.
Private sector lender HDFC Bank on Saturday said its consolidated net profit surged by 22.3 per cent to Rs 11,125…
The 30 stock S&P BSE Sensex closed 684.64 points or 1.20 per cent higher at 57,919.97 points against its previous day's close at 57,235.33 points. Earlier, the Sensex started the day sharply higher at 58,162.74 points and surged to a high of 58,435.12 points in the intra-day. The Sensex pared part of the gains due to profit-taking in the last hour of the trade. It touched a low of 57,848.23 points in the intra-day.
