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Markets end with marginal losses amid profit booking
In Asia, stock exchanges in Shanghai, Tokyo and Hong Kong ended in the green, while Seoul closed in the red.
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NHB imposes fine on HDFC for technical non-compliance
National Housing Bank imposes a fine of Rs 4.75 lakh on Housing Development Finance Corporation Ltd (HDFC) for non-compliance of some norms
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HDFC earns Rs 263 cr profit on sale of investments during Q1
HDFC sold its entire stake in associate company Good Host Spaces for Rs 54 cr and sold part stake in HDFC ERGO General Insurance Co. for Rs 209 cr
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Nomura sees up to 30% upside in these two banking behemoths
It has fixed a target price of Rs 1,690 for HDFC Bank while it has set target price of Rs 550 for SBI, indicating an upside of 30% from current price
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HDFC to raise up to Rs 2,000 crore by issuing bonds
The secured redeemable NCDs for an issue size of Rs 2,000 crore will be open for bid on June 14 and closes on the same day, HDFC said
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Mortgage lender HDFC to raise up to Rs 7,000 crore by issuing bonds
HDFC will offer coupon rate of 6% per annum on the bonds, the issue for which opens on May 28, 2021. The issue will close on the same day
