The Indian stock market witnessed a strong rally in the financial sector after leading players such as HDFC Bank, Kotak Mahindra Bank, and Bajaj Finance released their Q2 business updates. These updates fueled optimism among investors, signaling robust credit growth, steady deposit inflows, and improving asset quality. With rising expectations ahead of quarterly earnings, financial…
HDFC Bank is India’s largest private sector bank and one of the most trusted names in the financial world. Recently, it has been in the spotlight because of its decision to issue bonus shares in a 1:1 ratio. Every shareholder receives one bonus share for each share already owned. The holding doubles, but the overall…
India’s largest private bank, HDFC Bank, just reported its earnings for the latest quarter. The numbers surprised many. Even though the bank made gains from the much-awaited HDB Financial Services IPO, its net profit fell to ₹16,258 crore. That’s not what we expected from a giant like HDFC. Especially when there’s good news like an…