market

April 22, 2024
by

*Vodafone Massive IPO of 18,000 cr creates Huge Successs Today* Issue Subscribed: *7 times* QIB Subscriptions: *20 times* Shares Offered: *1200 cr* Shares Applied: *8000+ cr* Total amount collected: *Rs. 93,600 cr* (88,200 + 5400 anchor) QIB Applied: *Rs. 72,000 cr* which is *2nd Highest* after Tata Tech IPO (Even Bharti Hexacom received 63,000 cr) No of Applicants: *11,67,058* (Out of which 10,27,900 applicants retail – which is also Fully subscribed)

*Vodafone Massive IPO of 18,000 cr creates Huge Successs Today* Issue Subscribed: *7 times* QIB Subscriptions: *20 times* Shares Offered:...

April 20, 2024
by

HDFCBank Q4FY24 Good Results! Net Interest Income at ₹290.8 bn against ₹233.5 bn YoY, up 24.5% and ₹284.7 bn QoQ, up 2.61%. Net Profit stood at ₹16,511.85 Cr against ₹12,047.45 Cr YoY, up 37.05% and ₹16,372.54 Cr QoQ, up 0.85%. Total Deposits stood at ₹23,798 bn against ₹18,834 bn, up 26.4% YoY and 22,140 bn QoQ, up 7.5%. Provisions stood at ₹13,511.64 Cr against ₹2,685.37 Cr YoY, up 403.15% and ₹4,216.64 Cr QoQ, 220.4% CASA Ratio: 38.2% against 44% YoY and 38% QoQ. Net Interest Margin: 3.4% against 4.1% YoY and 3.4% QoQ. GNPA stood at 1.24% against 1.12% YoY and 1.26 QoQ. NNPA: 0.33% against 0.27% YoY and 0.31 QoQ. The Company proposed a dividend at ₹19.5 per share

HDFCBank Q4FY24 Good Results! Net Interest Income at ₹290.8 bn against ₹233.5 bn YoY, up 24.5% and ₹284.7 bn QoQ,...

April 19, 2024
by

ECB members on rate hikes A host of economists and monetary policymakers gathered in New York this week for the International Monetary Fund’s Spring Meetings — including numerous decision-makers from the European Central Bank. CNBC spoke to 12 members of the European Central Bank’s Governing Council, which votes on interest rate moves, in New York this week. There were two clear messages: expect a June cut, but beware of spillover effects from the Middle East

ECB members on rate hikes A host of economists and monetary policymakers gathered in New York this week for the...