Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, and Infosys faced erosion from their market valuation.
HDFC Bank has issued an advisory, urging its customers to stay vigilant and avoid falling victim to fraudulent practices like digital arrest.
Last week, nine of the top 10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation. Hindustan Unilever and Reliance Industries Limited took the biggest hit.
HDFC Bank’s deposit growth for the second quarter of the financial year (Q2 FY25) has outpaced its credit growth on a sequential basis.
Global brokerage firm BofA downgraded the stock of HDFC Bank to 'neutral' from 'buy’ resulting in the decline of bank’s shares nearly a percent to Rs 1,622 a piece on Wednesday.
HDFC Bank said that after the expansion, the bank's reach will increase to a third of the villages in the country.
HDFC Capital Advisors Ltd, a 100 per cent subsidiary of HDFC Ltd, provides investment management services for real estate private equity financing.
BSE Sensex hit a record high of 58,553.07 points, and the Nifty50 on the National Stock Exchange recorded a fresh high of 17,436.50 points.
Established in 1985, Eldeco Group is a North India-focused real estate developer with strong presence in Tier 2 cities.
The bank was penalised by the RBI for two major outages, one in November 2018, and the other in December 2019.
