The board of administrators of HDFC Financial institution shall be contemplating the proposal for a dividend on fairness shares for the monetary 12 months ending March 31, 2022, subsequent week.
The financial institution’s board is scheduled to satisfy on April 23.
In its regulatory submitting right this moment, HDFC Financial institution mentioned, “We want to inform you {that a} assembly of the Board of Administrators of HDFC Financial institution Restricted (“the Financial institution”) shall be held on April 23, 2022, to inter alia think about a proposal for a suggestion of dividend on the fairness shares of the Financial institution for the monetary 12 months ended March 31, 2022.”
Additional, HDFC Financial institution mentioned that the ” buying and selling window for dealing in securities of the Financial institution, which has been closed since March 25, 2022, will proceed to stay closed until April 25, 2022, for the designated staff, administrators and many others. pursuant to the SEBI (Prohibition of Insider Buying and selling) Laws, 2015 and the Financial institution’s Share Dealing Code.”
On Saturday, HDFC Financial institution introduced its monetary efficiency for the quarter ending March 2022.
Throughout Q4FY22, HDFC Financial institution earned a internet revenue of ₹10,055.2 crore on a standalone foundation with a development of a whopping 22.8% yoy. The financial institution’s internet curiosity revenue which is the distinction between curiosity earned and curiosity expended, stood at ₹18,872.7 crore within the quarter underneath overview up by 10.2% from ₹17,120.2 crore for a similar quarter final 12 months.
Supply: Live Mint