HDFC Bank Ltd (HDBK.BO)
27 Mar 2015
** Citigroup upgrades Yes Bank and HDFC Bank to "buy" from "neutral"
MUMBAI - India's HDFC Bank Ltd said on Saturday its quarterly net profit grew by a fifth, helped by a surge in corporate and retail credit demand amid hopes of a pick-up in Asia's third-largest economy.
* Sees pickup in corporate credit demand in next two quarters (Adds management comments after results, details, context)
MUMBAI, Feb 14 - HDFC Bank Ltd, India's second-biggest private sector lender by assets, reported on Saturday a 20.2 percent increase in quarterly profit, beating estimates.
MUMBAI - HDFC Bank's $324 million share offering in India was more than 4 times oversubscribed, according to bankers and investors, a strong reception that is expected to encourage a rush of domestic equity sales from other companies.
MUMBAI, Feb 5 - HDFC Bank's $324 million share offering in India was more than 4 times oversubscribed, according to bankers and investors, a strong reception that is expected to encourage a rush of domestic equity sales from other companies.
MUMBAI - The BSE Sensex and Nifty fell for the fifth straight day to a two-week low on Thursday, dragged down by explorers such as Oil and Natural Gas Corp after a fall in crude prices, while subduded markets across the region also dampend sentiment.
MUMBAI, Feb 5 - Indian shares rose on Thursday on value buying in blue-chips after closing at their lowest in two weeks in the previous session, while a strong response to HDFC Bank's $1.6 billion share offering also bolstered sentiment for its rivals.
** India's Axis Bank gains 1.8 pct after falling 9.5 pct in last two sessions
MUMBAI, Feb 5 - Shares of HDFC Bank Ltd, India's largest lender by market value, rose 2.2 percent on Thursday, a day after launching a share offer in the United States and India to raise up to $1.6 billion.