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MYSTERIOUS: 5 - What They Never Told You

HDFC Bank shares fall as 3 US law firms launch probe over alleged federal law violations

Three United States law firms are investigating HDFC Bank for alleged securities law violations. These firms are examining if the bank disguised payments to MSRDC as marketing expenses. HDFC Bank shares have declined significantly following these announcements and after its Q1 earnings report. The bank has strongly denied any allegations…

The Economic Times

HDFC Bank, 3 other bank stocks wipe out Rs 1.5 lakh crore of investors' wealth after Q1. Time to buy the dip?

Shares of HDFC Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank have erased over Rs 1.5 lakh crore in market value this week following their June-quarter earnings. While investors reacted negatively to the results amid broader market weakness, brokerages say the sharp correction has made valuations more attractive, with…

The Economic Times

NRE vs NRO FD: SBI, HDFC Bank, PNB and Axis Bank interest rates compared; know key differences

NRE and NRO accounts offer investment avenues for Non-Resident Indians in India. NRO accounts accept Indian earnings, while NRE accounts hold international funds. Interest on NRO deposits faces tax, unlike NRE accounts which are tax-free. NRE funds are fully repatriable, and NRO funds have a yearly repatriation limit. Major banks…

The Economic Times

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HDFC Bank shares slide 10% in four days after Q1 results but brokerages see up to 40% upside. Here’s why

HDFC Bank shares have fallen nearly 10% in four sessions since its Q1 FY27 results despite reporting steady earnings growth. Brokerages remain bullish, citing improving margins, healthy loan growth, lower credit costs and attractive valuations, with target prices implying upside potential of up to 40% from current levels.

The Economic Times

RBI likely used dollar deposit surge to cut record FX forward book, economists say

Reserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term dollar obligations effectively. Economists suggest this strategy offset short-dollar positions in the forward market. Inflows attracted over twenty billion dollars, with most from foreign currency deposits. June data…

The Economic Times

$17.4 billion flows into FCNR(B) deposits: Which bank offers the best 3-year FCNR(B) FD rate—SBI, PNB, HDFC Bank, ICICI Bank or Canara Bank?

Foreign currency deposits have seen significant inflows after a new RBI scheme. Canara Bank offers the highest 3-year FCNR(B) USD fixed deposit rate. HDFC Bank, Axis Bank, and ICICI Bank offer a 6% interest rate. These deposits are available in various foreign currencies and offer tax exemptions.

The Economic Times

India’s Private-Sector Banks Sold Off on NIM Fears. Ignore the Panic and Buy the Dip in HDFC Stock Here.

HDFC Bank fell over 10% on Monday. Despite net interest margin pressure from its post-merger transition, normalized net income has grown at a 19% CAGR since 2022. Trading at a decade-low valuation, the dip looks buyable.

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Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian markets extended losses as large-cap weakness outweighed gains in broader indices despite easing oil prices. Analysts expect earnings, geopolitical developments and crude prices to guide sentiment, with Nifty seen consolidating between 23,800 and 24,350 while midcaps continue to outperform.

The Economic Times

HDFC Bank shares fall for 2nd day but Jefferies, others brokerages remain bullish. Should you buy the dip?

HDFC Bank shares extended losses for a second straight session after its Q1 FY27 earnings, but brokerages remain optimistic on the stock. Jefferies, Motilal Oswal, Nomura and JM Financial have retained their bullish ratings, with target prices implying upside of up to 35% from current levels.

The Economic Times

ICICI Bank wins analysts’ vote after Q1 show; HDFC Bank, Axis, Kotak & Yes Bank face scrutiny

ICICI Bank shares rose after reporting strong June quarter earnings and improved financial metrics. Other major private lenders like HDFC Bank and Axis Bank saw their stock prices decline. Analysts favored ICICI Bank for its consistent performance and clean results this quarter. Kotak Mahindra Bank also received a buy recommendation…

The Economic Times

Cause for concern? HDFC Bank is lagging ICICI Bank where it matters as investors count Rs 5 lakh crore loss

HDFC Bank's stock has declined significantly this year, losing considerable investor value. Analysts note a widening operating gap between HDFC Bank and ICICI Bank. Margins are under pressure for HDFC Bank, while loan growth lags peers. ICICI Bank shows stronger earnings, better margins, and faster credit growth. Investors await margin…

The Economic Times

NRO FD interest rates: Earn up to 6.75%—SBI, HDFC Bank, PNB, ICICI Bank or Axis Bank, which offers the best rate for NRIs?

Non-Resident Indians can park their Indian income in NRO fixed deposits. These deposits offer attractive interest rates, with some banks providing up to 6.75 percent. Banks like Bank of Baroda offer the highest rates on specific tenures. Investors should consider tax implications and Double Taxation Avoidance Agreements. Understanding these factors…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Tuesday

Indian markets ended lower as escalating Iran-US tensions and rising crude prices weighed on sentiment. Analysts expect geopolitical risks, inflation and central bank actions to remain in focus, while resilient Q1 earnings support selective opportunities. Nifty faces resistance at 24,400 and support near 24,100.

The Economic Times

HDFC Bank CEO reappointment delayed by board review, sources say

HDFC Bank has delayed recommending CEO Sashidhar Jagdishan's reappointment to the Reserve Bank of India (RBI) as its independent directors conduct an additional review, Reuters reported citing sources. The review is examining media reports alleging the bank offered preferential rates on certain large deposits, though sources said no wrongdoing has…

The Economic Times

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The Economic Times

Market wrap: Trent, Axis Bank among top gainers and losers on Nifty and Sensex today

Indian equities ended lower as escalating Iran-US tensions and surging crude prices dampened investor sentiment despite easing volatility. Banking stocks dragged benchmarks, while analysts expect geopolitical risks, inflation concerns and Q1 earnings momentum to shape market direction, with Nifty support at 24,100 and resistance near 24,400.

The Economic Times

Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rush

Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships are being forged. Demand from non-resident Indians remains strong, especially from the Middle East. Lenders are intensifying outreach efforts to attract more overseas funds. Mobilisation is expected to accelerate closer to…

The Economic Times

HDFC Bank shares crash 5%, wipe off Rs 70,000 cr from investor wealth. Why Jefferies, Nomura, others see up to 28% upside?

HDFC Bank shares fell sharply on Monday after its Q1FY27 earnings failed to impress investors, wiping out nearly Rs 70,000 crore in market value. Despite margin pressure and a muted market reaction, brokerages including Jefferies, Nomura, Motilal Oswal and Anand Rathi retained bullish ratings, seeing up to 28% upside in…

The Economic Times

India Inc is returning to banks for money, but retail borrowers aren’t keeping pace

India’s largest private banks are witnessing a shift in credit demand, with corporate and SME lending driving loan growth while retail borrowing remains subdued. Stronger working capital demand, refinancing and business banking boosted advances, but slower consumer credit growth and weaker CASA ratios continue to weigh on banks’ funding mix…

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The Economic Times

Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?

Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to offset concerns over shrinking net interest margins, weaker CASA deposits and leadership uncertainty. ICICI Bank bucked the trend, supported by resilient profitability and balanced loan…

The Economic Times

Why did market fall today? Sensex slumps 440 points, Nifty closes below 24,250. 6 factors behind the selloff

Indian stock markets tumbled on Monday as rising oil prices and escalating tensions between Iran and the US rattled investors. Heavyweight bank stocks took a hit due to unremarkable quarterly results. Despite this, broader market indices managed to maintain relatively better performance than the benchmarks. Market players now look forward…

The Economic Times

HDFC Bank shares fall 5% after Q1 results. Should you buy, sell or hold the stock?

HDFC Bank share Price: HDFC Bank shares fell after the lender reported a 5% year-on-year rise in Q1FY27 standalone net profit to Rs 19,060 crore. Net interest income (NII) increased 7% YoY to Rs 33,534 crore, but the earnings failed to impress investors, triggering a sharp decline in the stock.

The Economic Times

Stocks in news: ICICI Bank, YES Bank, Kotak Bank, RIL, Axis Bank

Markets advanced Friday, gaining over one percent despite weak global cues. Analysts await quarterly results from Reliance Industries, HDFC Bank, and ICICI Bank. ICICI Bank reported a 16% year-on-year net profit increase for the June quarter. YES Bank and PNB also posted significant year-on-year profit growth. Kotak Mahindra Bank and…

The Economic Times

M-cap of five of top 10 most valued firms jumps Rs 1.54 lakh cr; TCS biggest winner

Last week marked a significant uplift in the market valuation of five of the top 10 firms, appreciating by Rs 1.54 lakh crore. Tata Consultancy Services claimed the spotlight, boosting its valuation by Rs 72,072.3 crore. ICICI Bank and Reliance Industries also experienced notable increases. However, the tide turned for…

The Economic Times

HDFC Bank Logs 5% Rise in Profit on Margin Pressure

HDFC Bank announced a notable five percent rise in profits for the June quarter, showcasing a robust growth in net interest income. Despite facing margin pressures that led to a contraction, the bank achieved a remarkable fifteen percent increase in gross advances, largely fueled by business and corporate loans. Additionally,…

The Economic Times

F&O Talk: Nifty IT gaining strong momentum, says Sudeep Shah; outlines HDFC Bank, ICICI Bank strategy after Q1

The Nifty IT index has rebounded nearly 13.5% from its July 1 low and gained around 5% this week, signalling improving momentum. Technical indicators, including the RSI, MACD and Relative Rotation Graph (RRG), point to strengthening bullish sentiment. The 29,600–29,650 zone is the key resistance, while 28,500–28,550 is expected to…

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