HDFC Bank Share Price Hits 52-Week High Ahead of Q4 Results

HDFC Bank share price touched a new 52-week high of ₹1,882.05 on Wednesday, April 16, during intraday trade on the BSE. The stock opened at ₹1,882, up from its previous close of ₹1,864.90, and quickly reached its yearly peak. At 11:24 AM, the stock was trading 0.064% lower at ₹1,863.70, while the Sensex was down at 76,729.76.

HDFC Bank Share Price Performance

 Even though the overall stock market has been volatile, HDFC Bank share price has shown strong performance in 2025. So far this calendar year, the stock has gained 5%, compared to a 2% drop in the Sensex. The stock had hit a 52-week low of ₹1,430.15 on May 13 last year.

On a monthly basis, HDFC Bank has been rising for the 3rd straight month—up 2% in April so far, following 6% growth in March and 2% in February.

Q4FY25 Results Preview

 HDFC Bank is set to announce its March quarter (Q4FY25) results on Saturday, April 19. Street expectations indicate the bank will report better asset quality. It will also see an increase in net interest income (NII), though margins may see a slight dip.

Conclusion

HDFC Bank share price is showing strong performance and positive expectations ahead of its Q4 results. This reflects growing investor confidence in the bank’s fundamentals. With strong earnings potential and upbeat street expectations, HDFC Bank remains a key stock to watch in the banking sector.

 

Read more on: Samvardhana Motherson Shares in Focus; Partnership with Singapore’s BIEL Takes Shape

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

CRISIL Ratings: Bank Credit in India Will Grow by 12–13% in FY26

India’s bank credit is expected to grow by 12–13% in FY26, slightly higher than the 11–11.5% growth seen in FY25. According to Crisil Ratings, this will be driven by new regulatory changes and expected tax cuts that could boost spending. Lower interest rates will also play a role.

3 Factors Supporting the Growth of Bank Credit

CRISIL said that 3 main factors would help drive this credit growth:

  • Higher consumer spending due to likely tax cuts
  • Regulatory relief from the Reserve Bank of India (RBI)
  • Lower interest rates, making loans cheaper

Moreover, 2 major regulatory decisions will free up more money for banks to lend. First, the Reserve Bank of India (RBI) has rolled back the earlier increase in risk weights on loans to non-banking financial companies (NBFCs), making it easier and less capital-intensive for banks to lend to them.

Second, the implementation of stricter liquidity coverage ratio (LCR) norms has been delayed by a year, which means banks can now use funds that would otherwise have been set aside as a safety buffer, thereby increasing their lending capacity.

Better Bank Credit Flow to NBFCs

The RBI had earlier raised the risk weight on loans to NBFCs, making it harder for banks to lend to them. But from April 1, 2025, this decision was reversed. This will make lending to NBFCs easier.

In the past, loans to NBFCs grew at 21% annually (FY23–FY24). However, in FY25, this growth dropped to 6% by February. Now, lending to NBFCs is expected to grow in double digits, though not back to the previous high levels.

Corporate Bank Credit to Pick Up

Loans to the corporate sector, which makes up about 41% of total bank loans, are expected to grow at 9–10% in FY26, compared to 8% in FY25. Lending to NBFCs is a key part of corporate lending (about 18%) and was a big growth driver before FY25.

Deposit Growth Still a Concern

While bank credit is set to grow faster, deposit growth needs attention. In FY25, deposits grew at 10.3%, which may not be enough to fully support rising credit demand.

Conclusion

Crisil Ratings believes India’s credit growth will improve in FY26 due to helpful regulations and better spending by consumers. But deposit growth needs to keep pace for long-term stability.

Read more on: Samvardhana Motherson Shares in Focus; Partnership with Singapore’s BIEL Takes Shape

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

PB Fintech Share Price Rises by 1.08% After RBI’s Approval for PB Pay

PB Fintech share price was up 1.08% and was trading at ₹1637.10 at 9.45 AM. Its subsidiary, PB Pay, has received RBI’s approval to operate as an Online Payment Aggregator. This means PB Pay can process online payments for merchants and customers. It has now become a licensed payment aggregator.

The provisional authorisation was granted by RBI under the Payment and Settlement Systems Act, 2007.

Background and Future Steps

During March-April 2024, PB Fintech had set an intention to become an NBFC-Payment Aggregator (NBFC-PA). The recent in-principle approval is a major step toward that goal.

The company will now work to meet all the conditions set by the RBI. The bank’s guidelines on payment aggregators and gateways was issued on March 17, 2020. The PB Pay will also have to follow additional clarifications issued by the RBI on March 31, 2021.

PB Fintech Share Price Performance

The market reacted positively to the news. PB Fintech share price closed at ₹1,623.50 on the Bombay Stock Exchange (BSE) on Tuesday, April 15, 2025, gaining ₹91 or 5.94% during the session.

Other Developments

This update comes shortly after PB Fintech had announced a ₹696 crore investment into its healthcare arm. Earlier in the year, the company also reported an 88.2% rise in its Q3 profit to ₹71.5 crore, driven by a 44% year-on-year growth in new insurance premiums.

Conclusion

PB Fintech share price will continue to remain in focus in the coming days. After achieveing RBI’s provisional approval, its subsidiary will be able to expand into India’s digital payments space. If it meets all regulatory norms, it will soon become a full-fledged online payment aggregator.

 

Read more on: Adani Green Shares Gain for 2nd Straight Day; Operational Capacity Surges 30% in FY25

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Closing Bell: Sensex Jumps 1,577.63 Pts, Nifty Surges 500 Pts on April 15, 2025, After RBI’s Announcement

Indian stock markets saw a sharp rise on April 15, 2025, following RBI’s announcement of repo rate cuts. The BSE Sensex jumped 1,577.63 points (1.77%) to close at 77,734.89, while the NSE Nifty50 ended 500 points higher (1.92%) at 23,328.55. 

Broader Markets Outperform 

Both the mid-cap and small-cap broader market indices saw gains of 1.3% each today.

Top Gainers and Losers 

On the Nifty 50, IndusInd Bank (6.67%), Shriram Finance (5.17%), Tata Motors (4.61%), and Axis Bank (4.35%) emerged as among the top gainers, driving the rally. The top loser on Nifty 50 was ITC, whose share prices fell by 0.28% to reach ₹420.35.

All Sectors in Green 

Every sector ended the day with gains. Nifty Financial Services, consumer durables, and auto were the top performers, rising by roughly 3.5%. 

Oil Prices 

As of April 15, 2025, at 04:10 PM, Brent Crude was trading at $64.62, down by 0.40%. 

Conclusion 

Indian stock markets soared on April 15, 2025, fueled by the RBI’s repo rate cut. Sensex surged 1.77% to 77,734.89, and Nifty climbed 1.92% to 23,328.55. Broader markets also rallied, with financial services leading sector gains. IndusInd Bank was a top gainer, while ITC saw a minor dip.

Read more on: Hero MotoCorp Leads Two-Wheeler Market in FY25 with 29% Share

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Has Your Bank Cut Lending and Deposit Rates? Check Here!

In response to the RBI’s 50-basis point (bp) cut in the repo rate in 2025, major banks in India have announced reductions in their lending and deposit interest rates. This move is aimed at promoting economic growth and easing financial costs for consumers.  

HDFC Bank and SBI Revise Deposit Rates 

HDFC Bank, the largest private sector lender, has reduced its savings deposit rates by 25bp. Effective from April 12, 2025, savings accounts with balances under ₹50 lakh will now earn an interest rate of 2.75%, while those with balances exceeding ₹50 lakh will accrue 3.25%.  

At 2:08 PM, HDFC Bank share price was up 3.39% and was trading at ₹1,868.00.  

State Bank of India has also revised its fixed deposit interest rates for senior citizens. FDs with a tenure of 1-3 years will now offer a 20bp reduction. FDs with a 1–2-year term will now yield 7.2% (down from 7.3%), and those with a 2–3-year tenure will earn 7.4% (down from 7.5%). These new rates will take effect from April 15, 2025. 

At 2:09 PM, SBI share price was up 1.52% and was trading at ₹765.30. 

Bank of India Cuts Fixed Deposit Rates 

Bank of India has also revised its FD interest rates for deposits below ₹3 crore. For deposits maturing between 91 days and 179 days, the bank will offer 4.25%, while deposits between 180 days to 1 year will earn 5.75%. For deposits of 1 year, the interest rate will be 7.05%, and for those between 1-2 years, the rate will be 6.75%. 

For larger deposits, ranging from ₹3 crore to ₹10 crore, the bank has announced rates as high as 6.50% for deposits maturing in 211 days to less than one year. 

At 2:11 PM, Bank of India share price was up 2.63% and was trading at ₹111.  

Lending Rates Also Reduced 

In addition to the deposit rate cuts, banks have also slashed their lending rates. SBI has reduced its repo rate-linked lending rates by 25bp to 8.25%, while its external benchmark lending rates have been adjusted to 8.65%. Bank of Maharashtra has followed suit by reducing its external benchmark lending rates to 8.65% as well. 

Impact of RBI’s Repo Rate Cut 

The recent changes in the interest rates come after the RBI’s reduction in the repo rate to 6% from 6.5%. This move follows two consecutive cuts, with the central bank citing retail inflation being well within the target range of 4%.  

The objective of RBI is to boost consumer demand and spending, especially as the the bank and India’s Finance Ministry have noted that more households are turning to market-based investment instruments like mutual funds instead of traditional bank savings. 

Conclusion 

The cuts in lending and deposit rates by major banks are expected to make borrowing cheaper and savings less lucrative. While these changes aim to stimulate the economy, they may also push consumers toward more market-based investments. 

 

Read more on: Will Two-Wheelers Be Banned in Delhi? Here’s What the New EV Policy Says

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. 

Maharashtra Govt Cuts Stipend for 8 Lakh Ladki Bahin Yojana Beneficiaries Amid Scrutiny

Maharashtra government has reduced the monthly stipend for 8 lakh women beneficiaries under its flagship Mukhya Mantri Majhi Ladki Bahin Yojana. The reduction comes after it was found that these women were also receiving financial assistance under the Namo Shetkari Mahasanman Nidhi (NSMN) scheme.

This move is aimed at streamlining welfare distribution and improving the state’s overall fiscal health.

Why Was the Stipend Under Ladki Bahin Yojana Reduced?

Under the Ladki Bahin scheme, women are entitled to a monthly payout of ₹1,500. However, this amount is capped if the beneficiary is receiving financial aid from another government scheme. In this case, the 8 lakh women already receive ₹1,000 under the NSMN, so their Ladki Bahin stipend has been reduced to ₹500.

The scheme’s rules clearly state that beneficiaries may receive aid from multiple schemes only if the combined benefit does not exceed ₹1,500 per month.

Ongoing Scrutiny and Eligibility Checks

The reduction is part of a larger effort by the state government to scrutinise the eligibility of applicants and ensure that only those meeting the required criteria receive benefits.

The government began with around 2.63 crore applicants in October. After multiple rounds of verification, the number dropped to 2.52 crore in February, and eventually 2.46 crore beneficiaries received the stipend in February and March.

Eligibility Criteria of Ladki Bahin Yojana

Beneficiaries of the Ladki Bahin scheme must:

  • Be aged between 18 and 65 years
  • Be domiciled in Maharashtra
  • Have a family income less than ₹2.5 lakh annually
  • Not own a four-wheeler
  • Not have a family member in a government job

Budgetary Constraints and Future Outlook

With a projected state debt of ₹9.3 lakh crore for 2025-26, the government is under pressure to balance welfare with fiscal responsibility. As a result, the Ladki Bahin scheme’s outlay was reduced from ₹46,000 crore to ₹36,000 crore in the 2025-26 budget.

Conclusion

The Maharashtra government’s scrutiny of the Ladki Bahin scheme reflects its effort to maintain fiscal discipline while ensuring that welfare reaches the truly deserving. As budget pressures grow, tighter checks may become the norm across other welfare schemes too.

Read more on: Mahila Samman Savings Certificate vs Mukhyamantri Maiya Samman Yojana: Features, Deadline and More

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

8th Pay Commission: Demand to Merge DA With Basic Pay Resurfaces

As discussions around the 8th Pay Commission gather pace, the staff side of the National Council of Joint Consultative Machinery (NC-JCM) has revived a long-standing demand: the inclusion of a clause in the Terms of Reference (ToR) for merging Dearness Allowance (DA) with basic pay.

Why Merge DA in the 8th Pay Commission?

The staff side has suggested that the 8th Pay Commission determine the percentage of DA/DR (Dearness Relief for pensioners) to be merged with pay and pension. This is rooted in the belief that periodic inflationary adjustments through DA should also contribute to the long-term earnings of employees and pensioners.

Historical Precedents Before the 8th Pay Commission

During the 5th Pay Commission (1996–2006), there was a provision to merge DA with basic pay once it crossed the 50% threshold. Accordingly, in 2004, the government merged 50% of DA with basic pay.

The 5th CPC had proposed 2 options:

  1. Set up a permanent pay commission with constitutional backing and annual binding recommendations.
  1. Convert DA into dearness pay every time the cost of living rose by 50% from the base.

The 5th CPC believed this conversion was necessary due to inflation rising steadily over a five-year cycle.

6th and 7th Pay Commission Viewpoints

The 6th CPC (2006–2016) rejected the idea of DA merger, citing a revised pay structure involving pay bands and grade pay. It argued that such a setup made periodic DA merger redundant, as allowances were already inflation-linked.

The 7th CPC (implemented in 2016) also didn’t recommend a direct merger. Instead, it proposed a 25% hike in the consolidated pay package once DA touches 50%, acknowledging inflation’s impact on purchasing power.

Conclusion

As the 8th CPC draws nearer, government employees and pensioners are hopeful that the merger clause will be reinstated. It could lead to higher take-home pay and better pension calculations, especially during high inflationary phases.

 

Read more on: 8th Pay Commission: Basic Salary May Rise to ₹79,794 with DA Merger and Fitment Factor

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

India Targets 300 Million More UPI Users as It Pushes Global Expansion

UPI has already transformed the way over 450 million Indians make payments. India is now aiming to bring 200–300 million more users onto its flagship Unified Payments Interface (UPI) platform. This move will significantly boost the adoption of digital payments in the country. This will also position UPI as a global standard for real-time payments. 

Breaking the ‘Cash Memory’ 

UPI is enabling smartphone users to scan QR codes and transfer amounts ranging from a few rupees to ₹500,000 seamlessly. During its next phase of expansion, UPI will also include delegated accounts for children, household staff, and others who lack traditional banking access. These innovations are part of an effort to make digital transactions the norm, even in cash-dependent segments. 

Global Push for UPI 

As per a PwC report, India now accounts for 46% of global digital transactions. It has witnessed a 90-fold increase in digital payments over the last 12 years. The Indian government is leveraging this success to promote UPI overseas. 

With support from foreign embassies and the RBI, the Indian government has signed agreements with countries like Singapore and the UAE. Future goals include enabling cross-border payments for education and services. In 2024, Indian diaspora sent nearly US$129 billion via UPI transactions to India. 

Expanding Features and Credit Services 

NPCI is enhancing UPI’s usability by adding multilingual interfaces and chat-based transactions. It is also piloting vision recognition technology for parking payments. 

UPI’s architecture is also being explored to support credit-as-a-service models. These systems would allow lenders to make smarter credit decisions based on transaction behaviour and facilitate small-ticket loans and better collections. 

Challenges in UPI Adoption 

Despite UPI’s meteoric rise, its zero-cost model poses challenges for long-term viability. 

The Merchant Discount Rate (MDR) — previously set at 30 basis points — was waived in 2020 to boost adoption. However, the government incentives offered to offset this fell sharply from ₹36 billion in 2024 to just ₹15 billion in 2025. Industry players have since lobbied for the return of nominal transaction fees, especially for large merchants. 

Conclusion

UPI stands at a crossroads. Its unprecedented success has redefined digital payments in India and is now becoming a model for the world. However, its future will hinge on balancing accessibility with financial sustainability. As India aims to onboard millions more and expand UPI globally, careful policy decisions — especially around transaction fees — will be key to keeping momentum intact.
Read more on: Brightcom Group Schedules EGM for April 30 to Discuss Capital Reduction

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

IDFC First Bank Shares Climb Over 2% on Fundraising Plans

IDFC First Bank share price rose by 2% on Tuesday after the bank’s announcement of an upcoming board meeting on April 17, 2025. The company will evaluate a proposal for raising funds vis preferential issue of securities. The decision was communicated via an exchange filing, indicating the bank’s plans to strengthen its capital base for future growth.

“The Board… will consider and, if thought fit, approve the proposal for raising funds by way of eligible securities on a preferential basis,” said the filing.

IDFC First Bank Share Price Performance 

On Tuesday, IDFC First Bank shares opened at ₹60.99, touched an intraday high of ₹61.21, and a low of ₹60.01 on the BSE.

IDFC First Bank Business Update

The rally in the stock can also be attributed to a strong business performance update for Q4FY25. The bank reported a 22.7% year-on-year (YoY) growth in total business, which includes loans, advances, and customer deposits. The total business surged from ₹3.95 lakh crore in March 2024 to ₹4.84 lakh crore in March 2025.

Loans and advances grew by 20.3% YoY, from ₹2.01 lakh crore to ₹2.42 lakh crore, showing consistent credit growth. Even on a quarter-on-quarter (QoQ) basis, loans grew by 4.7%, reflecting a steady increase in lending activity.

Conclusion

With a positive business update and fundraising plans, IDFC First Bank appears poised for further upside. Technical patterns and improved fundamentals indicate potential for both short-term gains and medium-term recovery, especially if buying interest holds post board meeting.

Read more on: Sensex Jumps 1,750 Points, Nifty Crosses 23,000: Why is the Indian Stock Market Rising?

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

10-Minute Delivery: Swiggy Launches Snacc in NCR

10-minute delivery platforms have tapped into urban, fast-paced lifestyles, particularly in corporate hubs with a significant young demographic. This has prompted Swiggy to introduce its own 10-minute food delivery app Snacc in Delhi NCR. At 9.29 AM, Swiggy share price was up 2.64% and was trading at ₹341.80.

Snacc’s Offerings: Quick, Healthy, and Trendy

This service, which was launched in Bengaluru in January 2025, operates as a standalone app that delivers a variety of food and beverages from Swiggy’s own kitchens within just 10 minutes.

Snacc offers an evolving menu of beverages and healthy snacks, ranging from Vietnamese Iced Kaapi, Mojito Cold Brew, Lemonade, and Lassi to protein shakes, fruit bowls, and nutrition bars like The Whole Truth.

Designed for simplicity, Snacc ensures users can quickly discover and order their favorites right from the homepage, as per the company’s seniormost executives. The company has emphasised that the app is built for instant cravings and convenience, noting strong user reception in Bengaluru and high expectations for NCR.

Rising Competition in 10-Minute Delivery

Swiggy’s Snacc competes directly with Zepto Café and Zomato-owned Blinkit’s Bistro, both of which have already established a foothold in the ultra-fast delivery market. Zepto Café recently hit 100,000 orders per day. Furthermore, it aims to achieve $100 million annualised GMV and strong gross margins.

Blinkit, on the other hand, launched Bistro in January 2025 as a pilot in Gurugram, showing that major quick commerce players are betting big on instant food delivery.

Swiggy has already tested this space with Bolt, a feature within its main app that delivers restaurant food in under 10 minutes in 425 cities, contributing to 9% of total food delivery orders.

Conclusion

With Snacc’s expansion into Noida and Gurugram, Swiggy is doubling down on the quick commerce boom. By offering curated, trendy, and healthy food options in just 10 minutes, Swiggy aims to capture urban consumers’ growing appetite for speed and convenience. As competition heats up, innovation and efficiency will be key in defining the market leader in the 10-minute delivery game.

Read more on: Bonus, Stock Split and Dividend This Week: Mazagon Dock, Sanofi Consumer and More

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.