What is the rating of HDFC Ltd?
Rating Action
| Rs.10000 Crore Tier II Bonds (Under Basel III) | CRISIL AAA/Stable (Reaffirmed) |
|---|---|
| Infrastructure Bonds Aggregating Rs.30000 Crore | CRISIL AAA/Stable (Reaffirmed) |
| Tier I Bonds (Under Basel III) Aggregating Rs.15000 Crore | CRISIL AA+/Stable (Reaffirmed) |
Is HDFC Ltd a good investment?
Expect the loan growth and asset quality to be at a steady rate. Post merger, investors should treat HDFC Bank stock like a safe haven stock . Expect steady returns, mimicking the Nifty or Sensex. After all, its a rate sight to see the elephant dance!
What can I expect from HDFC Bank result?
NEW DELHI: Private lender HDFC Bank on Saturday reported a 22.8 per cent year-on-year (YoY) rise in net profit for the March quarter at Rs 10,055.20 crore after providing for Rs 2,989.50 crore in taxation. The bank had reported a profit of Rs 8,187 crore in the year-ago quarter.
Is HDFC Ltd share going to split?
Discover splits history data for Housing Development Finance Corporation Ltd share. Find the split ratio of HDFC for a selection of dates. The data can be shared or downloaded….HDFC Splits.
| Split date | Split Ratio |
|---|---|
| Aug 18, 2010 | 1/5 Stock Split |
Is it safe FD in HDFC Ltd?
Is HDFC Ltd FD safe? The HDFC Ltd FDs are rated AAA by rating agencies (CRISIL and ICRA) for 26 consecutive years. Hence, they are considered very safe for investment.
Is HDFC fixed deposit safe?
Fixed Deposits up to Rs. 1 lakh are insured with the Deposit Insurance and Credit Guarantee Corporation of India (DICGC). This makes it an insured asset to have.
Is HDFC a good buy for long term?
It is a good buy at current levels. Fundamentally, both are good buys and the merger is a step in the right direction.” “For an investor, medium to long term LIC and most of the life insurance companies which are quoted and listed are good bets.” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital.
Will HDFC stock go up?
HDFC Bank Limited quote is equal to 1370.850 INR at 2022-07-06. Based on our forecasts, a long-term increase is expected, the “HDFCBANK” stock price prognosis for 2027-07-02 is 2056.160 INR. With a 5-year investment, the revenue is expected to be around +49.99%.
How HDFC Bank results Q4 2021?
The total standalone income during the January-March quarter of 2021-22 rose to Rs 11,443.46 crore against Rs 11,155. 53 crore a year ago, Bank of India said in a regulatory filing.
Why is HDFC stock falling?
Mumbai: HDFC CEO Keki Mistry said share prices of Housing Development Finance Corporation (HDFC) and HDFC Bank fell after the announcement of their merger because the management was unable to articulate the advantages of the merger.
Will HDFC Bank give bonus shares?
HDFC Bank Ltd. HDFC Bank has not announced any bonus so far.
What is HDFC FD interest rate?
HDFC Bank FD interest rates range between 2.5% and 5.5% for regular citizens and between 3% and 6.25% for senior citizens. Moreover, HDFC bank offers an additional 0.5% interest to senior citizens on their FDs.
Who is selling HDFC Bank?
Merrill Lynch India Equities Fund Mauritius Ltd on Tuesday offloaded 3.86 lakh shares of private lender HDFC Bank for around rs 51 crore through open market transaction.
What is HDFC prediction?
HDFC Bank Limited quote is equal to 1354.950 INR at 2022-07-02. Based on our forecasts, a long-term increase is expected, the “HDFCBANK” stock price prognosis for 2027-06-25 is 2041.900 INR. With a 5-year investment, the revenue is expected to be around +50.7%.
Is HDFC shares good for long term?
The merger is positive for both the entities and more so for HDFC which did not have a retail or which did not have a low cost deposit franchise. The overlap between the two in terms of customers is very minimal and longer term, it is all good.
What is the deposit size of the HDFC Bank as on 30th June 2021?
Balance Sheet: As of June 30, 2021 Total deposits as of June 30, 2021 were ₹ 1,345,829 crore, an increase of 13.2% over June 30, 2020. CASA deposits grew by 28.1% with savings account deposits at ₹ 426,132 crore and current account deposits at ₹ 185,669 crore.
Will HDFC Bank recover?
Manoj Dalmia, Founder and Director – Proficient Equities Ltd, said: “Shares of HDFC Bank, which fell for the ninth consecutive trading session today, are unlikely to see any short-term recovery after a miss on quarterly earnings.
What is the net profit of HDFC in Q1 2022?
The country’s largest mortgage lender HDFC Ltd on Monday reported 16 per cent year-on-year rise in its standalone net profit at Rs 3,700 crore for the quarter ended 31 March, 2022. The company had reported a net profit of Rs 3,180 crore for the year-ago period.
How did HDFC report a profit of Rs 3180 crore?
The company had reported a net profit of Rs 3,180 crore for the year-ago period. The total revenue from operations increased 5 per cent to Rs 12,300 crore in the quarter under review as against Rs 11,697 crore in the same quarter last fiscal, the Housing Development Finance Corporation (HDFC) said in a regulatory filing.
When will HDFC merge with HDFC Bank?
In a surprise announcement on April 4, HDFC bank said its parent company HDFC Ltd will be merged into it in about 18 months and the combined balance sheet will reach Rs 17.87 lakh crore.