MUMBAI – HDFC Bank’s investability weightage in FTSE Emerging All Cap index has increased to 1.52% from 0.81%, following the merger of parent Housing Development Finance Corporation. However, the weightage will be implemented in three tranches by March 2024, index aggregator FTSE Russell said. The first tranche will be implemented in the September index review, … Read more
New Delhi: HDFC Bank on Friday said it has allocated over 311 crore new shares of the bank to shareholders of merged entity HDFC Ltd. The share allocation was done as per the swap ratio announced as part of the composite scheme of amalgamation. As per the scheme, every HDFC shareholder has got 42 shares … Read more
NEW DELHI: on Friday said its board has declared a dividend of Rs 6.50 per share for the year ended March 2021. “A dividend of Rs 6.50 per equity share ( 650 per cent on face value of Re 1) out of the net profits for the year ended March 31, 2021, has been recommended, … Read more