HDFC Bank's board meets June 18 to review legal findings on ex-chairman Atanu Chakraborty's concerns. Preliminary reports suggest no governance issues. The board will also seek a three-month extension for interim chairman Keki Mistry, pending RBI approval.
Mirae Asset Sharekhan's Somil Mehta recommends Oberoi Realty, HDFC Life Insurance, Blue Star, and Phoenix Mills for June 16, 2026, citing technical breakouts, positive momentum indicators, and strong support levels. Investor wealth surged Rs 18.15 lakh crore as markets rallied on cooling West Asia tensions.
Law firms hired by HDFC Bank found no merit in ethical concerns raised by former Chairman Atanu Chakraborty in his resignation letter. Findings are expected to be presented to the board's audit committee soon.
HDFC Bank increases MCLR rates by up to 10 bps, ranging from 8.05% to 8.65% across loan tenures, following RBI's decision to maintain the repo rate at 5.25%.
A consumer commission ordered HDFC ERGO to pay Rs 6 lakh with interest to a software engineer whose father's health insurance claim was denied due to a provisional diagnosis of alcohol withdrawal psychosis. The commission found the denial unjustified, citing a lack of evidence and a deficiency in service by both the insurer and the hospital.
Brokerages like Morgan Stanley, Goldman Sachs, Macquarie, Jefferies, and HDFC Securities have issued ratings and price targets for several Indian companies, including Reliance Industries, Indigo, Asian Paints, Cummins India, and Heidelberg Cement India, citing various performance metrics and future outlooks.
Morgan Stanley, Goldman Sachs, Macquarie, Jefferies, and HDFC Securities have issued stock recommendations. Morgan Stanley is overweight on Reliance Industries, Goldman Sachs is buying Indigo, Macquarie recommends Asian Paints, Jefferies is buying Cummins India, and HDFC Securities rates Heidelberg Cement India as reduce.
Home loan affordability calculators help buyers assess repayment capacity and monthly installments before purchasing a property. These tools consider income, existing EMIs, loan tenure, and interest rates to ensure a smart financial investment.
HDFC Bank launched a voluntary double OTP system for senior citizens (60+) in Gurugram and Faridabad. This security measure requires verification from both the account holder and a trusted contact to prevent cyber fraud and financial losses.
HDFC Bank plans a three-month extension for interim chairman Keki Mistry as the board awaits findings from a legal review before appointing a full-time successor. The bank seeks RBI approval for this extension.
HDFC Bank's Regalia Gold Credit Card now requires Rs 60,000 quarterly spend for 3 domestic lounge visits from July 1, 2026. International Priority Pass access remains unchanged with 6 annual visits.
HDFC AMC reported a cyber-security incident on May 16, 2026, after an anonymous source claimed access to its IT systems. The company is assessing the impact, but business continuity is not expected to be affected. This highlights rising cyber risks in India, with digital fraud cases surging.
Jefferies raised Bharti Airtel's target price to Rs 2,350, citing strong Q4FY26 results. JP Morgan upgraded Cipla to overweight with a Rs 1,550 target, driven by US launch visibility. Morgan Stanley maintained an underweight rating on Dixon Technologies. HDFC Securities upgraded Hyundai Motor India to add, and Nomura has a buy rating on Crompton Greaves Consumer Electricals.
HDFC Mutual Fund CEO Navneet Munot reflects on decades of market experience, emphasizing that disciplined, long-term investing and robust risk management are essential for navigating global crises and building investor trust.
Narendra Solanki of Anand Rathi Shares & Stock Brokers advises investors to separate durable compounders from one-off performers in Q4 earnings. He prefers two-wheelers and commercial vehicles over passenger vehicles, picks ICICI Bank and Axis Bank in private banking while watching HDFC for turnaround, and advocates a 3-5 year view on defence stocks. He remains positive on Bajaj Finance (22% loan growth, ROAs above 4%) and sees Jio IPO as key catalyst for Reliance.
Nuvama's Aakash K Hindocha recommends buying Lodha Developers (target Rs 1046), Premier Energies (target Rs 1160), and HDFC Asset Management Company (target Rs 3000) as top stock picks for April 30, 2026. The analyst provides specific entry prices, stop-loss levels, and technical analysis for each stock. Nifty is seen ranging between 23750-24300 while Bank Nifty shows bearish breakdown below 55700 with downside targets of 54900/54500.
India's credit card market reached 119 million cards in March 2026, with HDFC Bank expanding its lead to 22.2% of outstanding cards and 29.8% of spending value. Four lenders—HDFC Bank, SBI Cards, ICICI Bank, and Axis Bank—continue to dominate, accounting for nearly 80% of cards in circulation. Public sector banks posted 11.3% year-on-year growth, outpacing private banks at 8.3%, driven by wider distribution networks and co-branded partnerships in tier-2 and tier-3 markets.
HDFC Securities analyst Vinay Rajani reports that the Nifty index is showing resilience after a healthy correction. He highlights strong broader market participation and recommends Oil India and Reliance Industries for traders.
A detailed comparison of super top-up health insurance plans from five major Indian insurers reveals varying coverage features, premiums, and benefits. Care Supreme Enhance offers unlimited restoration, Niva Bupa provides the longest pre/post-hospitalisation coverage, while ICICI Lombard leads in customisation options. Premiums range from ₹7,000–13,000 for individual plans with ₹90L sum assured and ₹10L deductible. All plans feature 30-day initial waiting period and 36-month pre-existing disease waiting period.
HDFC Securities identifies power and energy as top overweight sectors in its model portfolio, citing India's infrastructure buildout and rising electricity demand. The brokerage remains overweight on BFSI, favoring large banks like ICICI Bank, Kotak Mahindra Bank, SBI, and Axis Bank, along with NBFCs including M&M Finance and PNB Housing Finance. IT sector remains underweight due to disappointing quarterly results and uncertain earnings trajectory. Sun Pharma and Varun Beverages are highlighted positively for their growth strategies.
HDFC Bank has cautioned its customers against using credit, debit, and forex cards for international capital account transactions like buying stocks or property abroad, citing violations of foreign exchange and banking rules.
