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Think banking and you think cash counters, interest rates, bad loans. That’s so last decade. In this decade, if you want to talk banking, you’ll need to know about a lot more than just loans and interest rates.
#BQBlueExclusive | Mukul Agarwal pared stake in Shaily Engineering Plastics and Vardhman Special Steels in the quarter gone by. After December, he added Religare Enterprises to his portfolio. @soumeet_sarkar
Keki Mistry's tenure on HDFC Bank board ends after 8 years.
#Q3WithBQ | HDFC Bank says specific loan loss provisions include one-offs of approximately Rs 700 crore, primarily relating to certain corporate accounts.
#Q3WithBQ | Recoveries include one-off item of approximately Rs 200 crore arising from resolution of an NCLT matter, says HDFC Bank.
#Q3WithBQ | HDFC Bank's NIMs were stable on a quarter-on-quarter basis.
#Q3WithBQ | HDFC Bank's provisions rise nearly 38% year-on-year to Rs 3,043 crore.
#Q3WithBQ | HDFC Bank's gross NPAs rise to 1.42% from 1.38% in the September quarter.
#Q3WithBQ | HDFC Bank's net profit jumps 33% year-on-year. Net interest income rises 13%.
Ashish Kacholia, who usually bets on small caps, was listed among shareholders with 1% or more stake in Birlasoft and specialty chemicals maker Paushak, in the quarter gone by. #BQBlueExclusive @soumeet_sarkar