HDFC Bank CEO Sashidhar Jagdishan's remuneration rises 62% to ₹10.57 cr in FY23
Basic salary of HDFC Bank CEO stood at ₹2.8 crore for FY23, while allowances and perquisites amounted to ₹3.31 crore; his remuneration for FY22 was ₹6.51 cr
hdfc hdfc bank merger
July 2023
June 2023
May 2023
HDFC Bank Q1 profit surges 30% to ₹11,952 cr; NII up 21%
Following the merger with HDFC, HDFC Bank’s core net interest margin stands at 4.1%; gross NPAs at 1.17% of gross advances
HDFC Bank Makes A Splash
Bank reports bumper profits as single-minded focus on customer acquisition pays off.
LTIMindtree to replace HDFC in Nifty 50 from July 13
In the Nifty 100 index, HDFC will be replaced by Jindal Steel, and by Mankind Pharma in Nifty 500 index.
HDFC twins hit 52-week highs post merger; surge up to 4%
The HDFC twins have been rising for the last four sessions and gained up to 7.5% each during the same period.
HDFC chairman Deepak Parekh announces retirement ahead of merger
“It is my time to hang my boots with both anticipation and hope for the future," says Parekh in his last letter to HDFC’s shareholders.
HDFC-HDFC Bank merger to take place on July 1; HDFC to delist on July 13
According to Deepak Parekh, Chairman, HDFC Ltd., all regulatory approvals have been taken and the board of both entities will meet on June 30, after market hours to approve the merger.
HDFC Life gets CCI nod for HDFC's additional stake buying; stocks rise
The CCI’s decision to allow HDFC to own over 50% stake in HDFC Life could be a positive for the insurance company as this removes the overhang of RoE dilution in the merged entity.
HDFC-HDFC Bank merger: HDFC AMC gets SEBI's nod for change in control
Both HDFC (Housing Development Finance Corporation and HDFC Bank expect the merger to be completed in July this year.
RBI okays SBI Funds Management’s acquisition of 9.9% stake in HDFC Bank
SBI Funds Management advised by RBI to acquire stake in six months i.e. by November 15, 2023, in merger-bound HDFC Bank
