In a surprising turn of events, HDFC Bank Ltd witnessed a significant dip in its share prices following the revelation of weaker-than-expected earnings in the December quarter, according to Reuters reports. The country’s largest private sector lender is now set to sell a portion of its shareholding in subsidiary HDB Financial Services, a move strategized … Read more
HDB Financial Services announces a hiring alert for the position of Zonal Sales Manager for Used Car Loans. This exceptional opportunity is based in either Jaipur or Delhi. HDBFS, a prominent Non-Banking Financial Company (NBFC), has been at the forefront of meeting the evolving needs of aspirational individuals and businesses across India since its inception … Read more
In the third quarter of FY24, HDFC Bank, India’s largest private sector lender, delivered a stellar financial performance with a notable 33% year-on-year growth in net profit, reaching ₹16,372 crore. The bank’s robust net interest income (NII), which increased by 24% YoY to ₹28,470 crore, underscored its resilient core operations. The management’s post-earnings call revealed key insights into the bank’s strategies and future plans.