Leading private sector lender is expected to report subdued growth in its bottomline for the September quarter, dragged down by weak loan growth, reflecting the underlying changes that the bank is undertaking to improve the credit-to-deposit ratio.

In the stock market, HDFC Life Insurance Company has demonstrated a 0.58% return over the past week, an impressive 18.14% return over the last six months, and a year-to-date return of 10.45%. Currently, the company holds a market cap of ₹ 153,683.8 crore with a 52-week high of ₹ 761.2 and a low of ₹ 511.4.

Net profit beats analyst expectations as healthy growth in premium income, investment income helps the life insurer.

The consolidated and standalone financial results for the half-year that ended on September 30, 2024, were announced by HDFC Life today. For the current fiscal year, HDFC Life Insurance Co.s net profit for the July–September quarter was Rs 433 Cr,

HDFC Asset Management Company Q2 Results Live : HDFC Asset Management Company declared their Q2 results on 15 Oct, 2024, showcasing robust financial performance with a topline increase of 37.96% year-over-year, leading to a profit rise of 32.09%.

With the industry undergoing regulatory changes from October onwards, including new surrender value norms coming into effect, the life insurer said that that it has realigned over 40 products contribu